Treasury securities supply will drive up long-term interest rates, says Strategas' Jason Trennert

Jason Trennert, Strategas Research Partners chairman, joins CNBC's 'The Exchange' to discuss the U.S. budget deficit crisis, the Fed's inflation dilemma, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

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