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Part of Trump’s agenda to revamp global trade via tariffs, weaken the dollar and ultimately reduce borrowing costs
It sounds too radical to even warrant a second thought. That President Donald Trump could force some of the United States’ foreign creditors to swap their Treasuries into ultra long-term bonds to ease the country’s debt burden.
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And yet, that’s what Jim Bianco corralled his clients to discuss on Thursday after rumours of a so-called…
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