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Consider the following quote from a WSJ journal article titled Long Duration Bond Funds Thrive amid Market Carngage. A group of funds that invest in
Consider the following quote from a WSJ journal article titled "Long Duration Bond Funds Thrive amid Market Carngage". A group of funds that invest in longduration bonds, or debt with average maturities of over years is producing outsize returns... What is your best guess regarding the direction of the interest rates at the time the article was published, explain.
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