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| 'Bond King' Gundlach says closing above 3% on 10-year yield will spark even higher rates The yield on the benchmark 10-year Treasury note came within striking distance of the key psychological level of 3 percent Monday morning, a level some worry could trigger a reaction across financial markets. Investors worry that rising borrowing costs without underlying growth could backfire on the ...
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| Market Update: Stocks Pare Losses as US Dollar Hits Three-Month High Equity markets traded mixed-to-lower at the start of the week, with the S&P 500 Index paring losses in the final moments of trade. The index closed ... The decline in stocks appears to have been triggered by a steep rise in bond yields. ... The company earned $9.93 per share on revenue of $31.15 billion.
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| Chinese financial markets are strictly controlled and the rates On top of that: Chinese financial markets are strictly controlled and the rates of return on safe investments like bank deposits are artificially kept down. Chinese citizens have very few trustworthy investment options outside of housing or sole-proprietor entrepreneurship, and the latter is only feasible for the ...
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