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  • The Deteriorating Bond Market [View article]
    "As a result, there will be a 3-5% "tax" on anybody wanting to sell their bonds in the secondary market, which will give most investors a very strong incentive to hold onto their bonds to maturity."

    Great! A dis-incentive to sell an asset that is denominated in a currency that is being massively diluted on a daily basis.

    And so the pin moves ever closer to the bubble in USBonds.
    Nov 19 09:48 am |Rating: 0 0
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