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A flurry of U.S. economic reports this week may signal the underlying strength of growth and inflation pressures as the country’s thaw from the coronavirus crisis begins to spread.
The reflation trade that dominated the start of 2021 in the bond market has taken a breather, leaving investors bracing for a key set of data in the week ahead that has the potential to reaffirm expectations that price pressures will build as the economy rebounds.
Real estate data firm CoreLogic Inc. is set to sell the largest acquisition-related loan in over a year as borrowers continue to take advantage of insatiable demand from yield-starved investors.
Vornado Realty Trust plans to create a tracking stock centered on its development projects around Manhattan’s Pennsylvania Station, which will include a new tower the company intends to build in place of the Hotel Pennsylvania.
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