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Posted by
Two Blokes Apr 16 -
Filed in
General
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#TwoBlokesTrading
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8 views
While the masses are focused on the potential resolution and what will happen if we do not see one, there is a more immediate problem: no one is buying bonds. The bond market demands a higher risk premium (higher yield) to hold bonds to maturity, which causes the government to issue more bonds to service this rising risk premium.
