21 Aug

Bessent’s announcement is cosmetic and has no lasting effect

Posted by BBGI Group In Investment flash 0 comment

Long-term Treasury bond yields are at their highest levels since the 2007 crisis: the 10-year yield is hovering around 4.75%, while the 30-year yield has surpassed 5.30%. The fundamental cause of this rise lies in investors’ growing concern about the U.S. fiscal trajectory. With public debt nearing [...]

A recession and an asset reallocation will have a greater impact

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