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September 01, 2020 1:32pm
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The clearest evidence that Wall Street has no clue where Treasury yields are headed

If you predicted that yields for U.S. government debt would be lower in late June than they were a few months ago, even as the Fed acknowledges that inflation may bust out higher and for longer than had originally been anticipated, you would be oh-so wrong.
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Photography by Christophe Tomatis
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