"Louis Proyect" <[email protected]> wrote: When Congressional gridlock does not apply.
> http://www.washingtonpost.com/business/economy/congressional-leaders-hammer-out-deal-to-allow-pension-plans-to-cut-retiree-benefits/2014/12/09/4650d420-7ef6-11e4-9f38-95a187e4c1f7_story.html > The Feds didn't help with quantitative easing driving interest rates down. When interest rates climb, the value of long-term bonds will collapse. -- Ron
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