Grilled Cheese

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@dbcurren.bsky.socialSep 16, 2026, 12:32 PM

“The latest rise in #realrates is a common global theme. It is the #market saying – largely in response to the seemingly unresolvable conflict in the #MiddleEast – that #centralbanks are going to raise rates and keep them higher for longer” #bonds #yields adamtooze.substack.com/p/top-links-...

Chart showing how 10-year bond yields rose in 2022 in three major markets - somewhat later in Japan - and remained elevated.
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