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January 27, 2022

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Mnuchin Warns of Inflation Risks, 3.5% Treasury Yields

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Oct.07 — Former Treasury Secretary Steven Mnuchin says he is concerned about the risk of ongoing U.S. inflation. “We could easily end up with 3.5% 10-year Treasuries, which again just increases the cost of the national debt and creates budget issues,” Mnuchin said at the Bloomberg Invest Global virtual conference Thursday.

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