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Optimism About ECB Premature: Fixed Income Strategist

Wed 22 Aug 12 | 06:15 AM ET
Kevin Giddis, of Raymond James & Morgan Keegan, says that while the ECB's proposal to buy bonds from its member nations is positive, it is premature to think that interest rates will move higher. "I'm in the camp that we're in an oversold condition in the 10-Year," he says.
 
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