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99 Cents Only Stores Goes Bankrupt as Inflation Keeps Biting

(Bloomberg) -- 99 Cents Only Stores LLC has filed for bankruptcy after announcing plans in April to wind down its business operations. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomThe California-based discount retailer listed as...
United States Bloomberg Businessweek David Hall Moody Investors Service Cents Only Stores Only Stores
Source: yahoo.com

Bond Yields Hit 2024 Highs With Inflation in Focus: Markets Wrap

(Bloomberg) — The worldโ€™s biggest bond market kicked off the week on the back foot as geopolitical pressures abated and traders positioned for this weekโ€™s key inflation data. Treasuries fell across the curve, with 10-year yields hitting the highest levels since November and coming within a striking distance of the 4.5% level that some investors…
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