[Presbyterian Reporter]

“”The global credit markets are braced for deflation and perhaps depression.””

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Not so sure this is the reason for the drop in interest rates to 2% for the 10 year bond.

I would attribute the Federal Reserve and other Central Bank purchase of sovereign debt as the reason. The money has to go someplace.

[central_va]

CW II, it’s coming.

[steveab]

“The global credit markets are braced for deflation.”

You mean my spendable income may buy more goods.