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U.S. borrowing rate falls a fraction on budget deal

Trading in U.S. government debt took the last-minute US budget deal in its stride early on Thursday when treasury bond yields were slightly lower than before the agreement. The bond market did not push down borrowing rates for the United States sharply in the light of the last-ditch deal, which…

Wall Street optimism gives economy a break from the doom and gloom

For the first time since last April, Wall Street bond investors are seeing the economic glass as half-full. Interest rates on Treasury bonds have been rising slowly and subtly over the past week – and that may indicate that Wall Street believes the economy is finally going in the right…

U.S. Fed set to gingerly lift foot off stimulus pedal

WASHINGTON (AFP) – The Federal Reserve appears ready to ease off the stimulus pedal that is pumping life into the US economy at a key meeting that opens Tuesday, despite signs of slowing growth. Most economists expect the Federal Open Market Committee will signal the Fed’s $600 billion asset purchase…

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