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The odds of additional Fed stimulus have risen to 99%, according to indicators tracked by...
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Monday, September 10, 2012, 7:38 AM ETThe odds of additional Fed stimulus have risen to 99%, according to indicators tracked by Citigroup. Fingers in the wind, bond strategists have reduced their end-of-year 10-year Treasury yield forecast to 1.65% from 1.9% a month ago, perhaps forgetting past bouts of QE have sent yields higher, not lower.
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Lip service has worked for so many previous occasions why not again?