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Will Denyer on the question of financing the U.S. government

Aloha, Founding Members!

This is a worthwhile read from Will on my main fear: Out-of-control U.S. deficits and the increasing difficulty of financing those. 

Longer-term Treasury rates have, in fact, moved up sharply in recent weeks after their massive rally that started in late October. In my view, they are not done rising, although there are likely to b…