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Letter "Y" » Yoshitaka Majima Quotes
«The U.S. economy is very resilient and the Fed will raise rates at least two more times next year. The presence of oil money and foreign central banks has put a cap on long-term yields.»
«The Fed is still concerned about rising inflation and it is not an encouraging sign for Treasuries. We are still cautious about investing in the U.S. Treasury market.»
«We've seen purchases of bonds receding. Investors cannot be bullish on Treasuries until the Fed stops raising rates.»

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