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So much for those "1994 won't happen again" stories. On a percentage basis, the rise in the...

So much for those "1994 won't happen again" stories. On a percentage basis, the rise in the 10-year Treasury yield (to over 2.6% from 1.6% less than 2 months ago) is the worst since 1962, according to BTIG. "The Fed had no idea how leveraged or bubbled-up the world's positions were," says Andrew Brenner of National Alliance Securities. "Nothing is sacred today." Income funds: Alpine Total Dynamic (AOD -3.6%), Pimco High Income (PHK -1.6%), Eaton Vance Tax-Managed (EXG -3.6%). Equity REITs: Omega (OHI -2.3%), HCP Inc. (HCP -2.3%), Medical Properties (MPW -4.2%), Realty Income (O -0.4%).
Comments (3)
  • well i grew up around a strong dollar. we kept our money in our mattresses back then...and in some ways still do today. i give this Chairman two thumbs up actually.
    24 Jun 2013, 10:12 AM Reply Like
  • Amazing how we went from "de-leveraging" as the word of the day a few years ago, to "levered-up" so soon after.
    24 Jun 2013, 01:18 PM Reply Like
  • The anti boomer establishment
    24 Jun 2013, 09:38 PM Reply Like
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