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A Dud Treasury Auction and a Hawkish Powell Ended a Market Rally

A disappointing Treasury auction and hawkish comments by the Federal Reserve’s chair underscored investor fears about inflation.

Andrew Ross Sorkin
Author: Andrew Ross Sorkin

Written by

Andrew Ross Sorkin

in

Cyberattacks and Hackers, Federal Reserve System, Government Bonds, Industrial and Commercial Bank of China, Inflation (Economics), internal-storyline-no, Powell, Jerome H, Stocks and Bonds
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