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September 01, 2020 10:18am
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Interest Rates to Break Out of 40-Year Cycle-to-Cycle Trend

We made a call last year for a 3% 10-year Treasury yield, which was twice where the yield was at that time. One key limiting factor to the upside on the 10-Year Treasury yield at the time we made this projection was the trend in falling rates of inflation as well as short-term and long-term...
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