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Chinese Yuan Fluctuates, Depreciation Pressure Deepens
The RMB will depreciate further as the CCP may “monetize the fiscal deficit” of the state.
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US 10-Year Treasury Yield Surges to Highest Level Since 2007 After Fed Minutes
The 10-year yield picked up 3 basis points to finish the Aug. 16 trading session at 4.29 percent—the highest close in 16 years.
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