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The traditional portfolio mix of 60% stocks and 40% bonds, historically seen as the safest allocation for investors of moderate-risk tolerance, “is in danger” as the Federal Reserve gears up for its first interest rate hike campaign since 2015-2018, according to JPMorgan Chase & Co. analysts. Treasurys, hammered by the prospect of rate hikes in coming months, are off to their worst start to a new year in the past three or four decades, based on Dow Jones Market Data.
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