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More Of The Same: Bernanke Defends Fed's Low-Interest-Rate Policies

Saturday, March 2, 2013 - 7:34 AM
In his speech, Bernanke said that based on current economic forecasts long-term interest rates are expected to rise only gradually in the next several years. He said that under these forecasts, long-term rates for 10-year Treasury bonds might rise by between 2 and 3 percentage points between now and 2017. The 10-year Treasury is currently trading around 1.9 percent.

Bernanke defends Fed's low-interest-rate policies - Business - Boston.com
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