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Andreas Steno Larsen, founder & CEO, comments that if a certain unnamed action is taken, it could cause all yields to plunge further and result in the U.S. having the highest interest rates in the world.
The statement highlights concerns about potential moves in global financial markets and implications for interest rates.
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Larsen has previously observed that the stock market often peaks shortly before recessions begin, citing historical instances such as July 1990 and oil price shocks in earlier research. He also recently noted that 30-year Treasury yields reached 5.28 percent, the highest level in 19 years, driven by concerns over inflation last fall. These past observations frame his current concerns about the potential impact of market actions on U.S. interest rates.