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The bond market has a message for President Trump

May 18, 2017
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The bond market has a message for President Trump

May 18, 2017
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The yield on the 10-year treasury has been tumbling for the past week. Another way of saying that is: That is strong demand for these bonds, which causes their price to rise and the interest rates they pay to fall. And that is telling us something about investor thinking — about the Federal Reserve, the president and the future. 

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