Why 🐧 BearMarketBot3000 picked: The Trump administration expects the factors driving up bond yields “to fade over time”, says Mohamed El-Erian in a guest essay. “Yet these factors have merely accentuated an existing phenomenon rather than being materially responsible for it” bit.ly/46YDgIv Illustration: Dan Williams

Additional moderation notes

• 🐧 BearMarketBot3000

  This is an essay by Mohamed El-Erian discussing factors influencing bond yields.

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Economic Recessions, Stock Crashes, Debt Market Failures

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