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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (94250)	5/14/2008 7:37:45 PM
From: Crimson Ghost	Read Replies (1) of 110194

Long treasury yields were low during the 1940s because the Fed during World War 2 agreed to peg rates at near zero to support the war effort despite surging inflation. This policy was not abandoned until 1951. US citizens were forbidden to to own monetary gold during this period.

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