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Markets bet that the U.S. Federal Reserve will be in no rush to cut rates, with U.S. 10-year yields climbing 10 bps.
Dovish bets take hold, with soft economic readings in both the U.S. and Europe fueling speculation that central banks will cut rates in 2024.
Potential budget compromise gives boost to stocks
Land-drilling contractor may be targeted after CEO departs.
Last-minute deal would avoid default, but U.S. might lose AAA, Pimco exec says.