Funding & Business
Data Not Supporting a Big Fed Rate Cut, BofA's Cabana Says
Mark Cabana, Bank of America Securities head of US rates strategy, says the markets are almost fully priced for a 25 basis-point Federal Reserve rate cut. He speaks with Vonnie Quinn on “Bloomberg Markets.” (Source: Bloomberg)
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Brookfield Asset Management said it has already secured investors and deals for its new artificial intelligence infrastructure strategy, as it positions itself to gain from what it sees as a multitrillion-dollar opportunity.
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A highly-anticipated £1.8 billion financing backing KKR & Co.’s acquisition of Spectris Plc, the British manufacturer of precision testing equipment and software, is the latest debt package set to hit the leveraged finance market amid a nascent revival of buyout activity.
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The Zambian government refuted an independent estimate of how much toxic acid spilled from a Chinese state-owned copper mine in the southern African nation in February, and said a cleanup had begun.
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