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Wednesday, December 14, 2011

BREAKING NEWS: Commodities Pounded, Wall Street Sinks

Commodities markets are making a swift retreat, with oil and gold both plummeting more than 4% in morning trade. Equities are following suit, with the major market averages posting losses of more than 1%. Traders are seeking shelter in U.S. government bonds, knocking the yield on the 10-year Treasury down to 1.923%.


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