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BlackRock Strategist Chaudhuri: U.S. Government Sells 30-Year Bonds at Highest Rates in 25 Years, Sparking Speculation of a Shift to Short-Term Bonds
Gargi Chaudhuri, BlackRock's Head of Investment and Portfolio Strategy for the Americas, stated that the U.S. government sold 30-year bonds at the highest interest rate in 25 years, reflecting ongoing market sell-offs and fueling speculation that the U.S. will further shift towards issuing short-term bonds.
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