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Pakistan to Push Growth to 3.5% Amid IMF Austerity Measures
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EU Approves €8 Billion in State Subsidies for Chip Research
Bearishness on Indian Tech Bellwether Infosys Reaches Post-Brexit High
Donald Trump Charged in Florida Over Secret Documents Case
Pentagon Readies New $2 Billion Ukraine Air Defense Package
Bank of America Reworks Leadership in Investment Bank Unit
Taylor Swift, Drake May See Streaming Pay Rise Under New Plan
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How Do You End Sri Lanka’s Crisis? Ask the Bond Market
Forget Bears and Bulls, We’re in a Shrimp Market
What Australia’s Wildfires Can — and Can’t — Teach a Smoky US
The Netflix Effect Chills Foreign Content Creators
Payrolls, Prices, Productivity and Profits Hold the Answer to the Puzzling US Economy
Will Argentina Ditch the Peso for the Dollar?
How Aid for Poor Nations With Big Debts Got Stuck
Bali Seeks a New Kind of Tourist After Kicking Out 136 Unruly Visitors This Year
Plan for One of World’s Biggest Coal Mines Challenged in India
Climate Talks Chief Al Jaber Says Fossil Fuel Decline Inevitable
Connecticut May Ban Collection Tactic Used in Cash-Advance Loans
Deep Drought Punishes Latin American Clean Water Pioneer
A Forgotten Monument to Times Square Flickers Back to Life
FTX’s US Judge Vows to Keep Control of Crypto in Blow to Bahamas
SEC Seeks ‘Alternative Means’ to Serve Papers to Binance’s Zhao
Bitcoin Liquidity Worsens on Crypto Exchange Binance.US After SEC Suit
Photographer: Andrew Harrer/Bloomberg
Katherine Greifeld and
As bond traders scale back Federal Reserve rate-hike expectations, one section of the U.S. yield curve is on a fast track to inversion.
The spread between 3-year and 5-year Treasury yields shrank to less than 0.1 basis point on Friday, the smallest gap in more than a decade. It may turn negative by the end of the day, BMO Capital Markets says, as investors anticipate the end of the central bank’s tightening path.