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A Case of Pension Deficit Disorder: Pension Reform May Increase Investment in Longer-Dated Bonds
Financial Times
Feb. 24, 2005 Excerpt: Proposed pension reforms in the US could add significantly to demand for longer-term bonds, analysts have predicted. Talk of the proposals was one of the factors behind the rise in longer-dated bond prices earlier this month as speculators invested ahead of the actual changes. MORE >> |
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