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September 01, 2020 1:32pm
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Investors skeptical about a ‘soft landing’ are more bullish on longer-dated bonds

'At some point, something has to give,' says Vanguard's John Madziyire, about expectations for the U.S. economy to see nearly 6% growth in the third quarter, despite interest rates at a 22-year high.
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Photography by Christophe Tomatis
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