Funding & Business
Complex Bets Slammed by Lehman’s Fall Return in $200 Billion Boom
Almost two decades after the crisis, wealthy Americans are finally learning to love structured products again.
US Treasuries traded modestly stronger before a Federal Reserve meeting this week that’s expected to deliver a quarter-point interest-rate cut and provide clues to the pace of any subsequent easing.
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US equities extended gains early Monday to kick of a high-stakes week for financial markets, with the Federal Reserve largely expected to resume its interest-rate cutting cycle.
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JPMorgan Chase & Co. will cut the weight of the largest bond issuers in its flagship emerging-market index, diverting investor flows from the likes of China and India toward smaller nations.
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