Bond vigilantes are doing the Fed’s dirty work: Chart of the Day - finance.yahoo.com

Bond vigilantes are doing the Fed’s dirty work: Chart of the Day - finance.yahoo.com
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Fed Chairman Kevin Warsh left interest rates unchanged on Wednesday. Bond investors tightened the screws anyway. The 30-year Treasury yield climbed another 6 basis points Friday to 5.27%, its highes… [+2551 chars]

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