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Kevin Sullivan, Executive Vice President, Wells Fargo Capital Finance

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The Rise in Long-Term Interest Rates and Its Effect on the Apparel Industry

Industry Focus: Finance

The recent jump in long-term mortgage rates and bond rates means that short-term interest rates will be seeing their own increases down the road as the economy improves. The question is how much more will manufacturers and retailers be paying to borrow money, and when will that happen?

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