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U.S. still sees yuan as significantly undervalued.
United Technologies $9.8 bln offering leads sales; junk bond issuance drops.
Italys Monti predicts eurozone nations will issue joint bonds.
None of the three directors on risk committee worked at a bank or as risk manager.
$9.8 bln offering would be largest U.S. corporate bond sale since 2009.
Short-term corporate borrowing in U.S. hits highest level this year.
