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DTYS - Bonds Are Saying Something - We Should Be Listening: Part V
Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L451
As many long-term followers of my economic research are well aware, I have been a bull on Treasury bonds since 2017, citing slower economic growth and weaker inflation.
Interest Rates Will Always Follow Nominal GDP Growth Trends:
Source: BEA, FRED, BLS, EPB Macro Research
I started to write this series on bonds back on February 4th of this year. You can read part I to this series by clicking here.
In each of the previous four parts to this series, which I will