Fixed Income

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Bill Gross

Bill Gross said in an exclusive interview with CNBC on Monday that economic growth will likely fall to 2 percent. “Yes, we’re starting from a 3 percent growth economy that will probably persist for another quarter or so,” he said. “We get back to a relatively new structural growth rate, which is not 3 but …

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Traders work in the ten-year U.S. Treasury Note options pit at the Chicago Board of Trade in Chicago, Illinois, U.S.

High-yield bond funds have seen mass outflows in recent weeks as investors begin to take the threat of higher interest rates and a winding down of monetary stimulus more seriously. Now asset managers are wondering whether the sector is merely witnessing a “natural correction” or if it is time to cut and run. High-yield junk …

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Investors could be in store for some surprises next year, according to investment bank Morgan Stanley, which says yields on two and 10-year Treasurys could end 2014 at 2 percent in two different extreme scenarios. Many analysts expect benchmark 10-year yields, which have spiked over 100 basis points this year on talk of Federal Reserve tapering, to …