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Henry Paulson Says US Should Prepare for a ‘Vicious’ Bond Crash

Former Treasury Secretary Henry Paulson called on US authorities to prepare a back-up plan in order to avert a potential collapse in demand for Treasuries — an event that he warned would have “vicious” effects.

This article was originally published by Bloomberg Markets and is republished here under license.

Former Treasury Secretary Henry Paulson called on US authorities to prepare a back-up plan in order to avert a potential collapse in demand for Treasuries — an event that he warned would have “vicious” effects.

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