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The markets at a glance
(MONEY Magazine) – Fear of a Middle East war sent stocks tumbling and bond yields soaring in August. Small stocks were pummeled worst, falling 13%, while blue-chip Dow stocks slipped 10%. Meanwhile, inflation fears pushed Treasury rates above 9% for the first time since May. CHART: NOT AVAILABLE CREDIT: NO CREDIT CAPTION: Big stocks vs. small The yield curve |
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