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KKR Taps Asset-Backed Debt to Kick in More Money for its Funds

KKR Taps Asset-Backed Debt to Kick in More Money for its Funds
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Stocks sink, yields jump as hot US inflation erodes hopes for rate cuts

By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – Treasury yields surged while equity indexes sank on Wednesday after data showed U.S. consumer prices rose more than expected in March, diminishing hopes for how much and how soon the Federal Reserve can cut interest rates. In currencies, the dollar index rose across the board… ....

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Stocks sink, yields jump as hot US inflation dims hopes for rate cuts

Treasury yields
surged while equity indexes sank on Wednesday after data showed
U.S. consumer prices rose more than expected in March, eroding
hopes for how much and how soon the Federal Reserve can.
-April 10, 2024 at 03:14 pm EDT
- MarketScreener ....

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