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Fed Reaction: Bonds to perform more strongly

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Bonds are performing fairly strongly this Friday after the US Federal Reserve decided not to increase interest rates.  Yields have been falling in both the US and in Europe. Simon Fasdal, Saxo Bank's Head of Fixed Income, says emerging market fixed income should also perform well.
Simon tells us he doesn't see a rate hike now in the States until next year. He also says he prefers bonds to equities due to uncertainties about global growth.