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Bond traders learn Taco Bell isn’t a bellwether

Every once in a while, a single anecdotal data point captures the hearts and minds of bond traders. Often, it confirms their beliefs about the direction of the economy. It seems one such data point was a report this week that Taco Bell, the fast-food chain that sells double-stacked tacos for $1, would soon be offering a $100,000 salary for ...

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Boeing staff emails show missteps of Max crisis response

And you thought Boeing Co. couldn’t possibly have another “what were they thinking” 737 Max moment. Last week, the airplane maker released a stunning batch of internal messages that paint a disturbing picture of employees’ efforts to avoid more rigorous scrutiny of the troubled Max and ensure only minimal training was required for pilots. The employees derided certain airline customers, ...

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US futures gain, Europe shares drift; bonds slip

Bloomberg US equity futures advanced with Asian shares on Monday while Europe stocks fluctuated as investors showed mild optimism at the start of a busy week set to be dominated by the beginning of earnings season and the signing of a partial China trade deal. Bonds, the yen and gold retreated. Contracts on the S&P 500 signalled a rebound from ...

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