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Higher rates, oil prices threaten US recovery

June 13, 2009 by sunshine  
Filed under Energy Market, Energy Trends

A house in Illinois is listed with a new reduced price. Rising bond yields are taking a toll on home mortgage and corporate lending rates and together with jumping oil prices are threatening the expected US recovery from prolonged recession.(AFP/Getty Images/File/Jeff Haynes)AFP – Rising bond yields are taking a toll on home mortgage and corporate lending rates and together with jumping oil prices are threatening the expected US recovery from prolonged recession.

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