U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve interest rate cuts.
Treasuries were stable in early Asian trading after rallying across the curve Wednesday. The US 10-year yield dropped nine basis points to 4.42% during the
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its
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