nostr:nprofile1qqst0xtvrqlqxm0j0qpfgkuqh0wgkzl4judkvgdgd0e4d8pnyytlqlgpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnsz9rhwden5te0wfjkccte9ekxuct49ehx2aqprfmhxue69uhhyetvv9ujumm5dpjhyum5w4nxvtnx095s5usuhc, nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpz9mhxue69uhkummnw3ezuamfdejj7qgcwaehxw309ahx7um5wghxvmt59emkj73wvf5h5tcpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9urj9dyf - just watching the latest #bitcoin fundamentals podcast. If USA economy is as strong as you say, why is the 10 year treasury over 200bps higher than China and Germany? Also why is buffet in so much cash? It's not that I necessarily disagree with what you say, these are just a couple of questions I have that I can't answer. Love both your work
10 year treasury rates reflect future economic growth and inflation expectations. US rates are much higher than China and Germany--as expected--because of higher expectations for US economic growth and inflation in coming years.
It is a sign of strength for the US.
Related, lower rates in China and Germany reflect the market's expectations of lower economic growth and inflation.
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