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US interest rates raised for first time in three years

121 points · 126 comments · higginsniggins

  1. benj111 · · focus · HN ↗
    Meanwhile Bessent is buying long dated bonds and selling short dated, betting the yields will go down.

    Dear US, try not to take the rest of the world with you when. You implode.

    1. dakolli · · focus · HN ↗

      [dead]

    2. easyThrowaway · · focus · HN ↗
      But if you bring everyone down with you, You don't have to pay anything to anyone.

      It's not like Donald Trump didn't use this exact strategy already when he had to get out of debt from his private ventures.

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