How To Profit From the Treasury Yield Drop

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History also tells us that the bond market tends to be “right” a lot earlier than the stock market. Therefore, the enormous decline in the U.S. 10-year Treasury yield that has taken place since late-April (from 4.7% to 3.7%) has been very telling.

The question now is what it's telling us. Has inflation come down in a serious way and will continue to drift lower, or is the economy going to slow down in a substantial manner?

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