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The US is buying back long-term bonds at twice the rate to lower long-term interest rates. However, short-term bonds are increasing, creating a situation where "one stone is removed from under another stone, only to prop up the latter".

Translated from Korean Read in Korean

We haven't written up this one. Hankyoreh has the full story — the link below goes straight to it.

Read the original at hani.co.kr →

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