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Posted AT 5:04 PM EDT on 16/12/05

Beware the yield Grinch

Globe and Mail Update

If you're feeling a warm glow of satisfaction while looking at the economic indicators coming out of the United States, it might be that extra glass of eggnog you had at the office party (spiked, as usual, by Norm from accounting), or it might be the fact that things are actually looking pretty good right now. Not great — because that would raise the spectre of inflation, and therefore the risk of higher interest rates — but not bad.

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