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Asian Openers Mixed; Treasuries Fall on Powell Speech: Market Roundup
(Bloomberg) -- Jerome Powell's hawkish comments helped push the Standard & Poor's 500 Index (S&P 500) down for the third straight time, causing two-year Treasury yields to briefly hit 5% and Asian stocks to open mixed. Bloomberg's Most Read U.S. Yields Surge as Powell's Hawkish Remarks Make 5% Possible: Market RoundupDubai Stalls as Clouds Sow Seeds to Exacerbate FloodingChina Tells Iran Carburetor Work Will Continue After Israel AttackIf Fed Rate Hikes Really Triggered a Boom in the U.S. Economy?
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