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Saturday, October 17, 2026

A hidden risk appears to be building up in the markets. No one knows exactly what it means

If you look only at the obvious numbers, you wouldn’t ever see it. But an estimate of potential risk that’s hidden to all but the most attentive investors and economists has been building up in the bond market for months. It’s called the term premium, and it just hit a 12-year high. No one knows …

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