Marc Dumais  

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Markets Surge on Debt Ceiling Movement

The world’s stock markets posted strong returns in the third quarter of 2013, staging a healthy rebound from the summer’s lows. As they have for several years, fixed-income markets continued to be driven by central bank policy, and they had mixed results for the period. Bond yields rose and prices declined throughout the three-month period due to widespread anticipation that the U.S.
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