Recent economic data have indicated a resilient economy with nagging price pressures, which has pressured equities. Comments from Fed officials have pushed bond yields higher. The S&P 500 had weekly losses in four of the last five weeks.
The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on
The Indian rupee continues to lose value. Yet, economists believe it is still overvalued based on the real effective exchange rate (REER). Since November, the
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