Edgy About Interest Rates? Don’t Pop the Xanax Yet

The bond market has been hammered this week by rising interest rates. The chart below from Business Insider, however, shows that rates are rising from a very low level. The primary cause appears to be concerns about the end of the Federal Reserve’s quantitative easing program, under which it has…

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Edgy About Interest Rates? Don’t Pop the Xanax Yet

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