Bloomberg You can now add the rates strategy team at Deutsche Bank AG to the growing list of Wall Street analysts who reckon the U.S. economy is probably ensnared in secular stagnation. In a research note published on Friday, Deutsche Bank strategists, led by Dominic Konstam, say the Federal Reserve risks a “big policy error” if it hikes interest ...

  Bloomberg For Europe’s higher-yielding bonds, a political stalemate in Spain and lingering concerns about Italian banks are proving to be no impediment as investors count on support from an acceleration in buying by the European Central Bank and loose monetary policy globally. Spain’s 10-year bond yields fell to a record low and approached 1 percent even with the country ...

  Washington / AFP A hot air balloon that went down in a fiery crash in a Texas pasture, killing all 16 people on board, likely struck a power line, an investigator said on Sunday. “There’s physical evidence to indicate the balloon or some component of the balloon hit the wires themselves,” US National Transportation Safety Board official Robert Sumwalt ...