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Back-From-The-Dead Bonds Are Finally Beating Cash
Don't look now, but US Treasurys are on track for their best year since 2020.
The sarcastic among y
The federal budget deficit is about 6% of GDP. When we go into recession, the budget deficit always goes up multiple points. When the deficit is 10% of GDP, are investors going to lend to the US at a lower rate than now?
This investor will not be…