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The wild ride that bond traders have been on is far from over as market expectations for the longer-term path of Federal Reserve monetary policy appear at odds with the central bank’s own view.
Medicare was cleared to negotiate drug prices for the first time by the Senate’s top rules official, though the Democrats’ proposal intended to cap price increases for prescription drugs in the commercial market was blocked.
Andreessen has been a critic of anti-housing zoning in the past.
A federal appeals court in New York vacated a jury verdict in favor of a former UBS AG senior strategist who claimed he was illegally fired in 2012 for refusing to sugarcoat his reports for clients.
Companies that issue exotic bonds are having a tough time getting deals done as macro-economic uncertainty rises and investors seek refuge in plain vanilla transactions. So, they are turning to a more traditional ally: private debt.
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