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| Can Bonds and Stocks both be Right?
September 29, 2009 at 2:25 am
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| | Bonds markets are telling investors that a prolonged period of low rates will be necessary to dig out from the deepest recession in almost a century. In the United States short rates are effectively zero. The American 10 year bond closed at 3.32% on Friday, a minimal ask considering the... | | |  |
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