Alarm over rise in US bond yields By Steve Johnson

Published: December 12 2010 09:05 | Last updated: December 12 2010 09:05

The UK’s largest investment manager has warned of a potentially “catastrophic” rise in US Treasury yields in the wake of the “extremely irresponsible” fiscal policy being adopted by Washington.

http://www.ft.com/cms/s/0/fdfd28e4-048e-11e0-a99c-00144feabdc0.html#ixzz17uhm5oTK