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To stimulate growth, PBOC increased lending by 100 billion yuan to each of five banks.
As Fed winds down quantitative easing, investors' behavior indicates pessimism on economic growth and more fear of rate hikes than of inflation.
Corporate bond market may become even less liquid when Volcker Rule is fully in effect next July.
As banks take steps to prevent overseas swaps trades from falling under U.S. jurisdiction, U.S. agencies keep a watchful eye on them.
Tax payments reduce supply of short-term Treasury debt.
The SEC looks closely at financial statements, down to the smallest footnote.
