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Franklin Templeton's Michael Hasenstab Readies For US Rate Rise
FYI: (Click On Article Title At Top Of Google Search) Franklin Templeton Inc. fund manager Michael Hasenstab invested about $7 billion in conflict-torn Ukraine, where he is the biggest investor in the country’s bonds. But his focus is on the prospect of rising U.S. interest rates.
“When U.S. interest rates start going higher, we don’t know what the full shakeout will be,” Mr. Hasenstab told The Wall Street Journal in an interview.
