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Bond Market Shock: Is a New Financial Crisis Looming?
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Bond Market Shock: Is a New Financial Crisis Looming?

by Thomas Kolbe, American Thinker: On Friday, Moody’s downgraded the U.S. credit rating, sending shockwaves through the bond market. Japan, in particular, is under intense pressure, with yields on its 40-year government bonds (JGBs) surging to 3.45% from 2.09% earlier this year. This upheaval threatens the global foundation of government bonds. Are we on the […]
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