From Investor Passport (Argentina)-
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Now we will move on with the message:
Borrowers make money with bonds as lenders gain nothing.
Stocks soar high to new records. How rare is this current financial world?
It is rare, but probably not as much as you think.
If measured before inflation, rates have never been so low in many places in the world.
On July 5, the day after the 240th birthday of the United States, the rate of yield on the benchmark 10-year Treasury fell below 1.4% for the first time in history…