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S7/10Economic
Stocks, Bonds Rise in Countdown to Fed Decision
Wall Street found some relief after the recent slide in stocks and bonds as oil prices fell, with traders betting the Federal Reserve will boost rates to fight inflation and defend its credibility.
Alicia Levine, CIO at BNY, gives her constructive equity market approach and discusses how higher yields bleed into equities. (Source: Bloomberg)
Source: Bloomberg MarketsOriginal source
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