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Forecasters warn of disastrous year ahead for US government bonds

With Fed Reserve poised to raise interest rates in 2015, Treasury yields have nowhere to go but up, say analysts
Tuesday, December 30, 2014 - 05:50

Washington

GET ready for a disastrous year for US government bonds. That is the message that forecasters on Wall Street are sending.

With Federal Reserve chair Janet Yellen poised to raise interest rates in 2015 for the first time in almost a decade, prognosticators are convinced

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