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Market Data

The Swap Market Says Treasury and AI Debt Is Not a Problem

I’m spending a lot of time thinking about high interest rates, both for obvious reasons and because I’m reconsidering some of my own long-held views. So I thought I’d have a long talk with someone who…

Softer-Than-Feared US Inflation Despite Robust Spending

U.S. inflation rose less than expected in August, while consumer spending remained strong in Washington. The softer price data reduced urgency for another October Federal Reserve rate hike, though one…