Strong US Economy Could Lead to 'Roaring 20s', But Also Higher Inflation and Interest Rates
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The US economy has defied predictions and maintained strong growth this year.
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UBS says this could lead to a "roaring '20s" decade of high growth, inflation, and interest rates.
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Inflation has cooled from highs but remains well above the Fed's 2% target.
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Yields on 10-year Treasury bonds have spiked to 16-year highs.
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UBS says higher volatility across stocks and bonds could make portfolios more volatile.