Receipts Live: Higher Mortgages, Higher Bills, and Trump’s Latest “Fix”
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Catherine Rampell and JVL break down the latest economic warning signs, from surging Treasury yields and 7% mortgage rates to the fallout from the Iran war and rising energy prices.They discuss why Scott Bessent’s efforts to push down bond yields are running into broader problems with inflation, government debt and uncertainty over the war. Catherine al…
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