Portfolio manager Axel Merk tells CNN Money that if the Fed keeps rates too low for too long, investors may shy away from US Treasuries
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Axel Merk, president of Merk Mutual Funds, a Palo Alto, Calif.-based money manager specializing in currency investments, stated that if the Fed keeps rates too low for too long, more investors may follow the lead of bond powerhouse Pimco and start to shy away from U.S. Treasury debt..."