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Are bells ringing for bond bears? First incoming BOE Governor Mark Carney lauds the idea of...
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Thursday, December 13, 2012, 10:29 AM ETAre bells ringing for bond bears? First incoming BOE Governor Mark Carney lauds the idea of nominal GDP targeting, then the Fed axes its inflation target in favor of a focus on lower unemployment. Now U.K. Treasury Chancellor Osborne says he would consider scrapping that country's 2% inflation target in exchange for something more growth-oriented.
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