HLL:-
"Market commentators said a dramatic surge in bond yields since the Federal Reserve outlined plans to stimulate the economy had negative implications for equities because companies faced higher interest rates on borrowings"
Couple months back these so-called market commentators were saying these plans were good for equities.so called Market Commentators,mysterious people,who are they,where are they.
You know,I am starting to get annoyed with journalists/story tellers,quoting and re-quoting unnamed commentators,people familiar with such matters and other news media instead of searching out the facts themselves.
Give us a break!
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