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Brian Chappatta: The U.S. Yield Curve Is Holding Up for Now
Yes, the Treasury is borrowing trillions of dollars. No, it won’t have any trouble doing so. The U.S. Treasury Department rarely surprises bond traders when it announces its borrowing plans for the coming quarter. But like many things during the coronavirus pandemic, precedents no longer seem to apply. Staring down a budget deficit approaching
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Posted: May 6, 2020 Wednesday 11:39 AM