Barclays Plc and Citigroup Inc. predict the economy will now expand 6.7% in the fiscal year ending in March, up from previous forecasts of 6.3% and 6.2%, respectively. Several other analysts also bumped up their estimates.
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.
Australian and Japanese shares rose and equity-index futures for US stocks climbed in early Asian trading, bolstering advances in the prior session. Even after Wednesday’s
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