Pimco giving the all clear to higher yields - watch the long end take off. Poor old helicopter Bernanke will behind the curve on this one, inflation spiral inevitable as the dollar crumbles. Then new fed chief will have to do a Volker to keep inflation in check and the US funded.
When the 5yr UST goes past 4%, it’s on!
Pimco giving the all clear to higher yields - watch the long end...
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