Bloomberg The U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. The revised gross domestic product reading matched …
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Bloomberg European stocks fell from a five- month high amid a stalemate between regional policy makers and Greek bondholders over how to resolve the nation’s debt crisis. Indian shares surged after the central bank unexpectedly …
Continue readingWSJ All’s fairly quiet across Europe this morning, but European bond yields are still mostly drifting higher. Italy’s 10-year debt recently yielded 6.785%, compared with 1.892% for relatively safe German bunds. Interestingly, though, German bund …
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