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The article discusses the rise of the term premium in the bond market, which has reached its highest point in 12 years, signaling increased perceived long-term risk by investors. While multiple factors such as global debt, geopolitical tensions, inflation, and technological shifts contribute to this uncertainty, experts acknowledge that the exact cause of the spike remains unclear and may reflect investor sentiment rather than actual risk. The situation suggests heightened caution among investors regarding long-term investments amidst ongoing economic and geopolitical instability.
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