Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

London: Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and...
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Asia Hit By Wall Street Stumble, Debt Yields Spike After ECB Minutes

Asia Hit By Wall Street Stumble, Debt Yields Spike After ECB Minutes

Tokyo: Asian shares lost ground on Friday after a weak session on Wall Street, while global sovereign debt yields were elevated across the board on bets the European Central Bank is moving ever closer towards unwinding its massive monetary stimulus....
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