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Equities Under Pressure / Treasury Yields Rise  

Treasury yields are rising on fears that the Chinese will be reducing their purchases of US Treasuries. In turn, this will also put pressure on high yielding  stocks (i.e. Utilities, REITS, Consumer Staples and Telecom). As risk free rates rise the need to own risky assets for yield declines. This article by ZeroHedge explains the situation well - link below.
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