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Prof. Aswath Damodaran on treasury yields

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Excerpt from The New York Times -- "'I think the main factor holding long-term rates down now is very weak global economic growth, and I don’t see that changing soon,' [Damodaran] said. One indication that the world had truly recovered from the financial crisis would be a rise in 10-year Treasury yields to 4 percent, he said, but he did not see that prospect as imminent."

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