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Treasury Bonds Sizzle, High Tech Fizzles

What do you get when you add up Twitter, Yelp, and Weibo? Answer: Deflation. That’s the latest joke as former high-flying tech stocks fizzle, while Treasury bonds sizzle.

Over the past several weeks we’ve seen a major shift in the market’s psychology away from risky equity bets. And as these high risk/high beta equity segments get clobbered,

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