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The " D " word

I note that deflation made the front page of the Globe and Mail today. It is just a matter of time before the Economist and Time make it a front cover subject, therefore insuring that it will not happen. Stay tuned.

 Meanwhile, government bond yields are plummeting with two year yields BELOW 1% in the US and 30 year yields at their lowest ever, 3.74%
 Interest rates are now headed to zero in the next few months, at least those rates controlled by the central banks.

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