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Comment by nostromo

The crazy thing is that the US is pricing its treasuries between Greece and Italy.

In other words, the US could pay much less for debt if it wanted to.

https://tradingeconomics.com/bonds

No other developed country is paying anything near that amount. That is drawing a large inflow of capital into long-term treasuries, which in my view, is the true cause for the recent inversion.

parent nostromo 7 years ago

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