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...Treasury bond is about 3.5%. That could go lower - in fact, it did go lower at the height of the panic last fall, to just above 2%. But the likeliest future path for Treasury yields, Atteberry figures - on the basis of history and the fact that rates have been kept low this year by Federal Reserve purchases, investor demand and other factors - is up. If you own a 10-year Treasury bond yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck at 3.5%) falls in value. That's the logic...
...meager minimum wage in Guatemala - or $2.75 a day, not enough for Starbucks' cheapest latte. The same holds true for other Guatemalan growers, like Mateo Reynoso, also from Quetzaltenango. Without Fair Trade, he says, "we wouldn't be growing coffee anymore." But even Fair Trade prices "haven't kept up" with the costs small farmers face, he adds...
Grillo, who kept active this summer by competing in the USGA National Amateur Championships, finished second among Harvard golfers through the first round of play at +2. Grillo shot one under in Round 2 and another 72 in Round 3 to lead the Crimson scorers over the entire weekend...
Despite playing from a 2-0 hole, the Crimson successfully kept pace with Dartmouth to start the third frame. The two teams tied a total of eight times throughout the final set. There was no more than a two-point difference in the score until past the halfway point, when the Big Green went up 15-12. Once again, the Crimson used a timeout to try and compose itself, but Dartmouth would not relent. A combination of serving from Houston and a powerful kill by Morgan Covington gave the Big Green the set, and the match...
...don’t remember,” she added. "But his friend kept saying, ‘You’re not even a plus...