Ubs strategist: the move in bonds is cyclical not structural

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Ubs strategist: the move in bonds is cyclical not structural"


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"There has been extensive talk about various structural changes that are causing long rates to rise: foreign investors taking their money elsewhere, deficit concerns, etc.," he


said. "However, if we break the curve up into various segments, we see that the bulk of the action has been in the 2yr yield."


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