Luke Gromen says U.S. real rates above 2% could deepen risk-off pressure, lifting the dollar and bond yields while pushing stocks lower. He warns the move could trigger a chaotic unwind in the U.S. net international investment position unless dollar liquidity rises.
published
Luke Gromen says U.S. real rates above 2% could deepen risk-off pressure, lifting the dollar and bond yields while pushing stocks lower. He warns the move could trigger a chaotic unwind in the U.S. net international investment position unless dollar liquidity
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