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T(rump)GIF – Markets Fiddle While Rates Burn

This is NOT good. Not only are rates spiking 20{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} since the election but we just had the worst Treasury Auction since 2009 – indicating that investors are quickly losing faith in the US's long-term economic prospects. ;And, keep in mind that's WITH expectations that the Fed will…

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