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The 2-year Treasury yield to doing something that hasn’t happened since 1987 due to the Silicon Valley Bank meltdown, according to Evercore ISI.
Australian shares are set to rebound. Nasdaq surges 2pc. Bitcoin briefly tops $US26,500. US yields rise. CPI data points to US rate rise.
Investors appear hopeful the Fed will soon return to a policy of cheap and abundant liquidity while ignoring repeated warnings.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero