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Forex: Defining new normal: Societe Generale

Kit Juckes, Global head of Currency Strategy at Societe Generale recalls that between 1991 and 2006 (i.e., avoiding the 1980s and the madness pre and post-08) US nominal GDP growth averaged 5.4%, 5yr Note yields averaged 5.2% and 2yr Note yields averaged 4.7%.
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