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Good Growth, Expensive Money
Episode 879
Published 4 weeks, 1 day ago
Description
The American economy keeps refusing to slow down, which would be easier to celebrate if borrowing money were getting cheaper. Instead, Thursday begins with the 30-year Treasury yield at its highest since 2004 and oil back above $100 a barrel. That is the uncomfortable backdrop to today's meeting between Donald Trump and Xi Jinping at the White House.
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