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Troubling new low develops as this crucial market accelerates to the downside.
Central banks want #interestrates to go up if only to convince you they're fighting #inflation, when #deflation is keeping a lid on those and even pushing some market #yields lower. One that is moving down is a big one worth paying attention to. Contrary to popular perception, low rates are not easy money and conditions. Just ask Ben Bernanke.
Eurodollar University's Money & Macro Analysis
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THE EPISODES…
The skinny
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