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An Extended Breakdown of the Fed and Banks (Podcast)

Bloomberg Intelligence

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The Importance of Long Duration Treasuries

Chris Whalen: It's hard to argue with the treasury. Take a long, long duration treasuries. TLT. Hugh Henry: The US is playing with fire. I think we're going to see dollar swaps flip back to a positive premium. And then I think this will start to weigh in the dollar and then the US financial system.

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