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Michael Mackenzie

Michael Mackenzie

Fortune

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Treasury market’s ‘new world order’ brings fear of the long bond

As Treasury Secretary Scott Bessent prepares to unveil the government’s latest borrowing plans on Wednesday, he faces the added task of calming...

28.04.2025 10

Fortune

Michael Mackenzie

The bond market’s Trump trade is looking like a recession trade

“Recession risk is definitely higher because of the sequence of Trump’s policies – tariffs first, tax cuts later.”

10.03.2025 20

Fortune

Michael Mackenzie