Powell lauds economy, as the benchmark rate rises to 2%.
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May 05, 2026
The U.S. merchandise trade deficit with China, Canada, and Vietnam widened for a third month. The U.S. gap with Mexico narrowed slightly.
May 05, 2026
"The dollar market is becoming crowded, so there's an incentive to take these deals outside the U.S."
May 05, 2026
This trend underscores the broader shift across the finance industry, where the electronic trading has been making steady inroads with fixed-income securities that were once considered difficult to standardize.