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Tuesday Headlines: 10-year’s yield nears 20-year high
By Matt Stichnoth,
New York Times: Key U.S. Bond Rate Near 20-Year High as Oil Prices Keep Climbing
Bloomberg: US Private Credit Default Rate Hits a Record of 6.3%, Fitch Says
New York Times: Warsh Set for Showdown With Trump as Fed Faces Pressure to Raise Rates
CNBC.com: Bank of America expects third-quarter investment banking fees to fall more than 10%
Bloomberg: Fortress Warns Private Credit Lenders Against ‘FOMO’ in AI Rush
CNN Business: The time Scott Bessent tried to outsmart the bond market
Financial Times: The ex-JPMorgan banker facing Wall Street’s toughest turnaround job
Wall Street Journal: Hedge Funds Are the Wild Card in the Turbulent Bond Market