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John Waggoner: Vanguard, Pimco Feel The Pain As Long-Term Funds Get Smacked
FYI: The bond market selloff is getting more serious, and investors are starting to feel the pain. The bellwether 10-year Treasury note yield rose to 2.24% Monday, up from an all-time low of 1.37% on July 8th. Bond prices fall when yields rise. Regards, Ted http://www.investmentnews.com/article/20161114/FREE/161119973?template=printart
