Pepperstone Research Strategist Dilin Wu describes the bond market as "ahead of the Fed," arguing that rising yields on treasuries is a structural issue in the economy. She also warns that Fed Chairman Kevin Warsh is left with only bad options to address the rising cost of servicing US bonds.
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Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Alibaba shares plunged 10% after the tech giant priced a $10. 2 billion share placement to fund its growing AI investments.
Developing story — details emerging. Check the source link for the latest updates.