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The Boston Globe

Business

Bonds, once a safe haven, may be next big risk

Investors are well trained to worry about stock market crashes. But what if the next big risk lurking on the horizon is in bonds?

Wall Street firms and many well-known market strategists are sounding alarms about these seemingly benign — even boring — investments. A 30-year bull market in bonds, which drove prices sky-high as interest rates plunged, is ending, they say.

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