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Buffett Didnt Say What News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - CNN - 20161115:10:57:00

on monday. all of those stocks are enjoying a buffett bounce. up 7% in pre-market trade. they are taking flight. buffett didn t say what caused his change of heart on the airline industry. a crash in the price of jet fuel. stocks are climbing, but bonds are getting crushed. the yield on the ten-year treasury spiking to 2.3% on monday. incredible jump from the 1.7% before the election. it was as low as 1.36 this summer. one said this move is a violent reaction to trump s economic plans. the spike is so big, it happened three times in the past decade. this shows trump s plans will add to the debt load and inflation to rise and borrowing will be more expensive for the government and consumer. you will likely see mortgage

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