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47 sats \ 1 reply \ @Satosora 2 Aug \ on: Bond market signals sharp recession econ
I remember they told me to invest 10% in bonds for my 401k because they were a sure thing.
I always thought that wasnt a good idea, trusting the government with my money.
I was right.
Were you? As rates go down bond prices go up. The massive unrealized losses banks are sitting on from the rapid interest rate increase may give them some relief
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