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As I stated in December 2019, keep your eyes on the bond markets in 2019. And, I believe, watching the bond markets has given us the most interesting insights into the economic situation and the attitude of investors available.
The latest bounce in the bond markets came in the last half of March.
In the US markets, the 10-year Treasury note closed to yield 2.62 percent on March 19.
A week later, this security yielded less than 2.40 percent.
Breaking this nominal yield up into its two hypothetical components, the expected real rate of interest