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10.12.25 - 21:06
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“Sell America” Isn′t a New Thing in the Bond Market (Bloomberg)
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting....
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10.12.25 - 21:06
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Fed′s Powell Says Treasury Purchases May Remain Elevated (Bloomberg)
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Federal Reserve Chair Jerome Powell says the Fed's Treasury purchases may remain elevated for a few months at a news conference in Washington, DC after the central bank's policy-setting Federal Open Market Committee delivered a third consecutive interest-rate reduction, lowering the benchmark federal funds rate to a range of 3.5%-3.75%. (Source: Bloomberg)...
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