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Trump awakens the bond vigilantes. Is danger ahead? Add to ...

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Beware what you wish for, Mr. Trump.

On Labour Day, Donald Trump, then a long shot for the White House, now president-elect, decried ultralow interest rates. They have created a “false economy,” the Orange One bellowed, and that “at some point, the rates are going to have to change.”

They’re changing, fast, maybe faster than Mr. Trump wants.

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Follow on Twitter: @ereguly

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