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Treasury Yields Decline Amid U.S. Jobs Resilience
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German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Long-end bond yields edge higher ahead of comments by Fed’s Waller
Bond yields edged higher at the long end on Friday as investors awaited comments from Federal Reserve policymakers.MarketWatch - Business -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a sales decline in the first quarter.CNBC - Business -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.CBS News - Top stories -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World
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Ambidextrous ace Jurrangelo Cijntje is no gimmick—he is a legit major-league prospect helping Mississippi State try to return to the College World Series.The Wall Street Journal - World -
China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
GameStop Shares Retreat on Preliminary 1Q Report
GameStop shares slid after the company said it expects a decline in sales but a narrower loss in the spring quarter.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials.The Wall Street Journal - World