Templeton’s Hasenstab Says Global Deflation Fear Unwarranted

  • Expects U.S. Treasury yields to rise, euro and yen to fall
  • China is unlikely to suffer `hard landing,' fund manager says

Michael Hasenstab.

Photographer: Brent Lewin/Bloomberg

Concerns about global deflation are overblown and the growing U.S. economy will help bolster financial markets in 2016, according to Franklin Templeton Investments.

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