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Europe Pensions Putting More Pressure On Bonds
Posted on June 20, 2012 at 15:06 PM EDT
Take some pity on the pension fund managers of northern Europe. They're not facing deep cuts in their own pensions like retirees in Greece, but they are struggling to cope with an unprecedented drop in interest rates as investors flee weak eurozone countries and pile into safe-haven bonds. Spooked by the euro crisis, investors are so concerned about the return of their money, rather than the return on their money, that Denmark has become the
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