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Wall Street's reversal curbs bond trader euphoria

The world’s biggest bond market saw a day of reversals, with Treasuries paring their weekly rally as strong economic data reinforced the view that it may be too early for

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Stock bulls cheer Wall Street's disinflation trade

The recent economic figures have sent clear signals that the Fed's policy is working, but it's possibly too early to claim victory against inflation, according to analysts.

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Bitcoin sinks below $43,000 as Evergrande fears sweep markets

Bitcoin sinks below $43,000 as Evergrande fears sweep markets
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The cost of saving the global economy: $834 mn an hour

By Lynn Thomasson and James Hirai Imagine spending $834 million an hour for 18 months. That’s how much central banks have spent buying bonds since the pandemic hit, according to Bank of America Corp. strategists, who estimate the Fed alone has put in $4 trillion. It’s a statistic that speaks to the unprecedented wall of money that kept companies afloat during lockdowns and

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The cost of saving the global economy: $834 million an hour

By Lynn Thomasson and James Hirai Imagine spending $834 million (Rs 6,196 crore approximately) an hour for 18 months. That’s how much central banks have spent buying bonds since the pandemic hit, according to Bank of America Corp. strategists, who estimate the Fed alone has put in $4 trillion (Rs 297 lakh crore). It’s a statistic that speaks to the unprecedented wall of money

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