Bank of America Merrill Lynch analysis on US fiscal stimulus, Treasury issuance and real rate strategy

Bank of America Merrill Lynch analysis on US fiscal stimulus, Treasury issuance and real rate strategy The passage is a routine market commentary discussing fiscal stimulus effects, Treasury issuance strategy, and trading recommendations. It mentions no specific high‑profile individuals, agencies, or controversial financial flows, and offers no actionable investigative leads. Key insights: Suggests Treasury will fund deficits using mid‑term USTs rather than long‑end issuance.; Recommends shorting real rates in 2017 based on anticipated higher real rates.; Links anti‑globalization trends and risk‑parity unwind to rising real rates.