The long end of the Treasury curve hit two-decade highs before easing after softer US jobs data, Michael Kao says. He argues rate volatility is driven more by capital flowing to AI buildouts than by fiscal concerns.
published
The long end of the Treasury curve hit two-decade highs before easing after softer US jobs data, Michael Kao says. He argues rate volatility is driven more by capital flowing to AI buildouts than by fiscal concerns.
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