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5Y Closes at 1.841%, Highest Since July 2011:Treasuries endured a mixed session as buying took place across most of the complex while sellers were in charge at the long end. Maturities put in their highs before the start of U.S. trade and pressed to their worst levels...
The IMF followed on the heels of the OECD and expressed its concerns today that "excessive risk taking may be building up" with valuations for just about every major asset class looking stretched. Market participants heard the warning, but we can't say that it was...
 
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