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US Bonds Lead Global Selloff as Sticky Prices Weigh on Fed Path

(Bloomberg) Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts doubt on the Federal Reserve’s ability to start lowering interest rates later this year. Global bonds echoed the selloff. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets

US Bond Market Sells Off as Sticky Prices Weigh on Fed Rate Path

US Bond Market Sells Off as Sticky Prices Weigh on Fed Rate Path
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Mag Seven Get Crushed Before Next Week s Results: Markets Wrap

(Bloomberg) — A selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market. Equities extended their slide from a record, with the S&P 500 breaking below 5,000 and the Nasdaq 100 falling over 2%. More than…

Buying This Dip Is Better Than Cash, BNY Mellon Wealth CIO Says

(Bloomberg) The US stock market’s retreat from all-time highs set late last month is giving investors parked in cash an opening to buy in, according to Sinead Colton Grant, chief investment officer of BNY Mellon’s wealth management arm.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rainfall in Dubai? Blame

US Stock Retreat Gives Investor Opening to Buy In, BNY Mellon Wealth CIO Says

US Stock Retreat Gives Investor Opening to Buy In, BNY Mellon Wealth CIO Says
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