BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%

BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%

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Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends. • None Trump Signals Support for Johnson’s Bid to Become House Speaker • None China Developer…

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