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‘Time to Sell’ Treasuries, Biggest Korean Fund Says
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Re: ‘Time to Sell’ Treasuries, Biggest Korean Fund Says
Originally posted by BadJuju View Post
“Obama’s economic stimulus plan will drive the market,” said Tsutomu Komiya, an investor in Tokyo at Daiwa Asset Management Co., a unit of Japan’s second-largest brokerage, which has the equivalent of $108.2 billion in assets. “It’s time to stay away from Treasuries.”
source: Bloomberg.com
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