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Global Bond Rout Deepens on U.S. Fiscal Worries

From the U.K. Telegraph…

Global bond rout deepens on US fiscal worries

Agreement in Washington on a fresh fiscal package has set off dramatic rise in yields of US Treasuries and bonds across the world, threatening to short-circuit any benefits of stimulus. The bond rout raises concerns that the US authorities may be losing control over events.

http://www.telegraph…al-worries.html

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