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📰 **Betting on long Treasury bonds when yields near 5% has been a slam-dunk trade over the past few years. Is this time different?**
“There is not a ‘break-the-glass’ solution,” says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can’t finance its debt.
🔗 https://www.marketwatch.com/story/betting-on-long-treasury-bonds-when-yields-near-5-has-been-a-slam-dunk-trade-over-the-past-few-years-is-this-time-different-cd4def81?mod=mw_rss_topstories
#markets #news
“There is not a ‘break-the-glass’ solution,” says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can’t finance its debt.
🔗 https://www.marketwatch.com/story/betting-on-long-treasury-bonds-when-yields-near-5-has-been-a-slam-dunk-trade-over-the-past-few-years-is-this-time-different-cd4def81?mod=mw_rss_topstories
#markets #news