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July 25, 2016

Bonds
Bond traders are betting Federal Reserve policy makers this week will acknowledge a bevy of indicators showing economic and financial-market strength, bolstering the case for an interest-rate increase this year. 

Economy 
Verizon Communications Inc. agreed to buy Yahoo! Inc.'s web assets for $4.83 billion, ending the company's two decade run as an independent business that started from a Stanford University startup at the dawn of the internet age. 

Global 
Agricultural Bank of China Ltd. is planning China's largest sale so far under a trial program for lenders to offload bad loans by packaging them up as asset-backed securities. The lender plans to sell securities backed by 10.7 billion yuan ($1.6 billion).  

 

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

 


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