How the government wrecked the world’s most important market

Do you wish to know where the economy is heading? The bond market holds the answer, say the veterans.

The birds of the moment, the flighty birds, flock to the stock market. But the owls nest in the bond market.

The owls are the wiseacres.

The Federal Reserve’s hocus-pocus fails to trick them. They know the card is up the sleeve. And they enjoy exposing the fraud.

City View by Vlad Busuioc is licensed under Unsplash

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