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Last week was a turbulent one for the global financial markets. The 5% selloff on the S&P 500 over Wednesday and Thursday led many investors to question whether the move was just a correction or an end to the longest bull market in history. Slowing global economic growth, trade wars, and geopolitical tensions may all be blamed for the pullback, but it’s rising U.S. interest rates what really seem to be the trigger behind the selloff. Despite U.S. 10-year Treasury bond yields retreating 10 basis points from a seven-year high, the trend remains in an upward trajectory and the bonds are... Read More
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