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Market report: Bond yields climb anticipating more Federal Reserve hikes

“US borrowing costs are surging as the markets start to price in more interest rate hikes at the Federal Reserve to stop the buoyant economy from overheating” writes Jon Yeomans for telegraph.co.uk. Economists believe that rising inflation indicates that the economy is growing in strength and that the Fed will soon need to take action.
 
Source: telegraph.co.uk



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