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Economy to grow at 5.4% rate in first quarter, Atlanta Fed tracker shows
The Atlanta Fed updated its rolling look at the U.S. economy, projecting that GDP would grow 5.4 percent in the first quarter.
If the forecast holds, it would be the strongest quarter since the economic recovery began and would more than double the typical annualized growth during the period.
Това не ви ли е странно, лихватана 30г. книжа пада?
The yield on the benchmark 10-year Treasury note was lower at around 2.686 percent at 5:15 a.m. ET, while the yield on the 30-year Treasury bond was lower at 2.938 percent. Bond yields move inversely to prices.
1) The quality of debt got worse
2) The debt on corporate level is much more
3) Spredas and volatilty (strong correlation) are cheap
=> buy the vola and spread, protect portfolio
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