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Treasuries seen benefiting from yuan devaluation

Bets lowered for Fed to raise benchmark in September
Thursday, August 13, 2015 - 05:50

New York

TREASURIES have a lot of things going for them.

Bill Gross, a portfolio investor with Denver-based Janus Capital Group Inc and the former manager of the Pimco Total Return Fund, says a weakening Chinese yuan will bring slower inflation worldwide. Investors are reducing

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