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Interesting Times Gang, page-24

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    Nah I don't think it will have the same effect. Those March fears were all speculative towards a broad concern over inflation. Basically every worry and fear that there could be, was brought up and reflected in share prices.

    Specifically fears that the situation had got out of the control of the fed.

    This time the 10Y moved as a direct result of fed news regarding monetary policy. Whereas last time, the 10Y itself was a measure of overall fear and moved independent of government policy.
 
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