Tag: Microsoft
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Apple Vs. Microsoft Vs. Treasury Bonds: Don’t Be Fooled By Mr. Market’s Irrational Moves
SIphotography/iStock via Getty Images Introduction Over the last few weeks, long-duration treasury yields have dropped like a rock after the latest Treasury quarterly refunding announcement called for lower-than-expected issuance of long-duration treasury bonds in Q1 2024. Janet Yellen’s move to finance a larger portion of the US government’s huge fiscal deficit spending via short-term treasury…