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Daniel McDowell
danielmcdowell.bsky.social
did:plc:mso6rtjxuriiwvbrhwc4p6qq
The spike in Treasury yields is highly unusual & concerning. I don't want to draw too strong a conclusion from a single snapshot in time, but the list of potential disruptions to the status quo where USD/Treasuries = world's 'safe asset' is long & getting longer. Here's a non-exhaustive list. 🧵1/9
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2025-04-09T13:03:13.178Z