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News Brief

July 28, 2011MARYVILLE, MO |  By: Harris

Financial Advice

A local financial advisor says the uncertainty surrounding the national budget could cause higher interest rates.

As lenders become more concerned the rates could go up and stocks and bonds could go down. Edward Jones Financial advisor J.R. Kurz feels an agreement is likely to come before the August 2nd deadline but probably not until the last minute.

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Kurz adds US Treasury bonds are still considered our safest investments.