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Treasuries plunge as growth, inflation exceed forecasts

NEW YORK / Bloomberg Treasuries fell after a line-up of above-forecast economic data prompted traders to re-evaluate their views on the Federal Reserve’s interest-rates path. Yields on two-year notes, seen as the most sensitive to Fed policy expectations, surged by the most since December as traders ratcheted up bets on the pace of rate increases. That helped push the gap ...

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Samarco comp deal said to be signed tomorrow in Rio De Janeiro

Rio De Janeiro /Bloomberg A compensation package for the Samarco tailings dam spill in Brazil is scheduled to be signed on Monday as authorities and the mine owners hammer out final details, said a person with direct knowledge of the talks. The agreement would end weeks of negotiations and be a key step in the joint venture — owned by ...

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Mexican stock trading outage irks its traders

MEXICO CITY / Bloomberg A 90-minute interruption in Mexican stock trading during the peak of earnings season drew fire from traders. “It’s very hard when things like this happen,” said Rogelio Ramos, an equity sales trader at Interacciones Casa de Bolsa SA in Mexico City. “From the time you come in, people, companies, foreign clients, everyone is asking us: ‘Hey, ...

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