CURRENCIES: Dollar Adds To Gains; Yen Hits New Multiyear Low
Dollar adds to gains; yen hits new multiyear low
UPDATE: Fed tapers bond-buying program by $10 billion
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Past unlikely to be repeated, but exposure to credit-sensitive and inflation-hedging sectors could minimize rising-rate damage.
U.S. equity funds have seen their strongest inflows since 2000 this year, as passive funds continue to garner strong interest, active fund outflows moderate, and investors sell their core bond funds.
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