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Mark Hulbert: This is what the election means for interest rates

Bond market timers, on balance, are neither excessively pessimistic nor overly optimistic. Read More...

Don’t expect interest rates to make any big moves either up or down in coming weeks — even if, as seems increasingly likely, Joe Biden is eventually declared the winner of the presidential election.

That’s surprising, since a change in the political party in the White House often leads to significant short-term changes in interest rates….

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