Putting the recent upsurge in US Treasury yields in perspective.
@Gavekal
Talk of bond vigilantes relies on a largely mythic history as far as the US is concerned.
Or at least so argues Chartbook Newsletter #14.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…