Municipal bonds joined a bond market rout after the Federal Reserve indicated the intention to keep interest rates high for as long as is necessary to curb inflation.
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Money Manager First Eagle Hires John Miller, Former Junk-Muni Titan at NuveenJohn Miller, who managed the municipal-bond market’s largest junk mutual fund at Nuveen until earlier this year, will join First Eagle Investments in January to build a muni department from the ground up.
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Optimism’s airdrop yields these results; can OP manage to recover?Optimism's OP Airdrop 3 distributes 19 million tokens to over 31,000 addresses, fostering community engagement and positive governance participation
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Adler Is Giving Itself More Time to Sell a Bond That Yields 21%Adler Group SA has extended the deadline for its planned €191 million ($204 million) bond sale, giving itself 10 more days to attract investors despite dangling a 21% interest rate to lure prospective buyers.
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European shares advance as bond yields ease ahead of U.S. Fed's interest rate decisionKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
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Stock market today: Wall Street stays mixed, bond yields spike after Fed updates rate outlookNEW YORK (AP) — Stocks was mixed and Treasury yields snapped higher after the Federal Reserve pulled back on its estimates of how much it expected to cut interest rates next year.
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Stock market today: Wall Street stays mixed, bond yields rise after FedNEW YORK (AP) — U.S. stocks are mixed Wednesday after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 was 0.
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