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10-Year Bond Yield Will Drop to 3 5% by End of 2024 As Rally Continues

Two to three Fed rate cuts should occur next year, likely starting in July, though the market is expecting them to begin earlier, UBS said.

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Stock Market News Today: Dow Soars More Than 500 Points

In November, the Dow and S&P 500 jumped about 9%, while the Nasdaq surged 10.7%.

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World s Biggest Bank ICBC Still Faces Trader Wariness After Cyberattack

(Bloomberg) Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, has been unable to convince some market participants that it’s safe to reconnect their computer networks to the bank’s US unit after a ransomware attack disrupted its systems, according to people familiar with the matter.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsHulu for $1, Max for $3: Streaming Se

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Bond Doom Loop Should Mean Yields Rise With Borrowing

"This finding is not confined to the US: it holds in Germany, Italy, Japan, the UK, Switzerland and Australia back to the 1880s."

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Yellen Disagrees With Moody s US Outlook, Treasurys Preeminent Safe Asset

"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the safety of the Treasury bond market.

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