While the U.S. looks to be in okay economic shape with no immediate risk of recession, the story is different for much of the world. Once again the bubble is in the debt markets, but this time the froth is in international government bonds, emerging market debt, and high-yield bonds.
While the U.S. looks to be in okay economic shape with no immediate risk of recession, the story is different for much of the world. Once again the bubble is in the debt markets, but this time the froth is in international government bonds, emerging market debt, and high-yield bonds.
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