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Monday, March 19, 2012

''Bond bears growl again as U.S. yields surge''

From Reuters



"The bond market has repeatedly resisted threats to its three-decade rally, but a big selloff this week may be an early sign that the bull market in Treasuries is truly coming to a end.

The biggest weekly decline in prices since last summer, which pushed yields to their highest level in more than four months, has caught banks, bond dealers, pension funds and other investors flat-footed."

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