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Marc Faber explains where next for interest rates
Posted on 11 December 2010 with no comments from readers
2010 may not go down as a good year for global economies but it has been a good year for Marc Faber whose predictions have been right and right again.
Most recently he has been saying that interest rates will rise at a time when the central banks of the world have an explicit conspiracy to force them down. Last week bond yields on US treasuries moved sharply higher. So is this the story of days to come? He speaks to Bloomberg from his home in Thailand where he likes to ride big bikes:
Posted on 11 December 2010
Categories: Banking & Finance, Bond Markets, Islamic Finance, US Dollar, US Stocks, Video Channel
