Losing Bond Bets
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France loses faith in Macron
The president’s centrist alliance faces a drubbing in EU elections amid growing pressure on government financesFinancial Times - World -
Week Ahead for FX, Bonds
Central bank decisions in Australia and the U.K. will likely take center stage, though investors will continue to watch any signals from the U.S. regarding the possible timing of an interest-rate cut.The Wall Street Journal - World -
The Perils of the Fed’s Vast Bond Holdings
The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.The New York Times - Business