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US bond market looks expensive if war threat is excluded

Monday, August 14, 2017 - 05:50

New York

THE bond bulls in the US$14 trillion Treasuries market didn't expect - or want - to be proven right in quite this manner. Ramped-up bellicose rhetoric between US President Donald Trump and North Korean leader Kim Jong-un has stoked fears of imminent war, driving 10-year Treasury

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