(1) Lots of bonds. (2) Predicting the bond market is more about global inflation and monetary policies than about supply and demand. (3) Bearish bond gurus wrong so far. (4) Demography, debt, and deflation weighing on global growth, and keeping a lid on bond yields. (5) A world of hurt. (6) Yield curve spread signaling recession, while credit yield spreads sending all-clear message. (7) Fed data show big drop in US direct investment abroad led by plunge in reinvested earnings. (8) Are Trump’s “America First” policies working?
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