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Economic Implications Of An End To 30 Years Of Falling Bond Yields

FYI: (Follow Up To Yesterday Link)
With 10-year Treasury yields at 2.4%, just above 14-month lows, the bond market is predicting that any rate hikes by the Federal Reserve will be gradual, and that any monetary tightening will settle in at much lower rates than in previous upturns in the policy cycle.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2014/08/19/the-economic-implications-of-an-end-to-30-years-of-falling-bond-yields/tab/print/
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