Egon von Greyerz: “Eric, I’m looking at the bond markets, worldwide. What we’ve seen now both in the U.S. and in Germany is that rates have increased pretty fast in the last few weeks. “If you take the U.S. 10-Year Treasury, for example, it has gone from 1.6 percent to 2.2 percent. Well, that’s a 40 percent increase in yields. We have seen a similar move in German bunds.
Tens Of Trillions Of Dollars At Risk
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