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How Fed's taper could change bond trade

Thursday, 2 Jan 2014 | 7:32 AM ET

Kevin Giddis, Raymond James, shares his play on the fixed income space and provides an outlook on where rates are likely headed from here. We are looking for a slight move upward on the long end, says Giddis. Also former Deputy Treasury Secretary Neal Wolin weighs in on how Fed policy will likely impact rates.