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U.S. budget deficit swells to $129 billion in December

The U.S. federal budget deficit widened to $129 billion in December, up from $85 billion in the same month last year, the Treasury Department said Thursday.

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Gold Slips as GLD ETF Again Sees No Inflows Ahead of US Inflation Data

Gold prices ticked lower on Wednesday towards 3-week Dollar lows as the GLD and IAU ETFs again saw no net change in size ahead of tomorrow's US inflation data, a key 'risk event' for betting on the Fed's first 2024 rate cut

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Woman yields P20.7-M shabu in Mandaue bust | The Manila Times

CEBU CITY: Three kilos of suspected shabu amounting to P20.7 million were seized during a joint covert operation in Mandaue City in the early hours of Sunday, January 7.

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Global stocks edge up, bond yields dip as investors mull 'soft landing'

NEW YORK, Jan 6 — Bond prices slid and a gauge of global equity performance closed a tad higher in choppy trading yesterday after a surprisingly strong US labour report increased...

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Inverted yield curve points to a possible recession

This week T-Bill trading results released by the Central Bank of Kenya, all are now trading above 16% According to CBK, banks reported bond revaluation losses on two- and 20-year Treasury bonds of Sh102.7 billion by mid-last year.

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Treasury Bonds Boogie As Yields Get Down

Asian equities were largely higher except for South Korea and Mainland China, though off intra-day lows, as investors brushed off the Fed’s tougher talk on US interest rate cuts.

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US Treasury yields sway higher following better-than-expected jobs data

The number of Americans filing initial claims for unemployment benefits, known as jobless claims, fell more than expected to 202,000 last week, lower than consensus estimates of 216,000, according to the Labor Department. New state unemployment benefit claims rose by 12,000 last week to 218,000.

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US rate cut euphoria fades, pushing global shares down again

Market sentiment was also undermined by deteriorating conflict conditions in the Middle East

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TOKYO -- The yen reached the lower 143 range against the dollar on Wednesday, weakening by around 2 from the end of 2023 as rising rates in the U

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