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Morgan Stanley: Interest rates to surge 40% this year
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Thursday, April 22, 2010
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From Newsmax:

The 10-year Treasury bond yield will climb to a nine-year high of 5.5 percent by year-end, according to Morgan Stanley.

The budget deficit, which totaled $1.42 trillion last year and may rise even further this year, will cause the move, Morgan Stanley analysts say. The 10-year yield recently hit a nine-month high of...

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Topics: Interest_Rates | Morgan_Stanley | Cruxallaneous
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