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Powell Ignites 2024 Stock, Bond Gains With Promises of Cuts
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Hong Kong Holds Rate as Fed Signals Cuts Next Year
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(Bloomberg) A global rally in corporate bonds that has dragged credit spreads down to their tightest in 22 months marched ahead in Asia on Thursday given the dovish signals from the Federal Reserve.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsFed Pivots to Rate Cuts as Inflation
Mortgage Rates in US Slide Below 7% for First Time Since August
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