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Buffett sees end to bond market rally

Bill Gross, the closely-watched bond investor, on Thursday said investors should consider increasing their exposure to developing markets over the long-term while buying 10-year inflation-protected Treasuries given demographic factors.

New York

WARREN BUFFETT and Bill Gross signalled the end is at hand for Treasury market bulls as 30-year bond yields rose to a four-month high.

Longer-maturity Treasuries led losses after Mr Buffett, the billionaire chairman of Berkshire Hathaway Inc, said long-term bonds are