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Oil

Traders Bet On Oil At $100 As Iran Sanctions Loom

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.
Fed Reserve

As US Bond Market Swoons, Fed Policymakers Sanguine, For Now

Federal Reserve policymakers continue to signal that gradual U.S. interest rate hikes will be enough to tame inflation despite a fast-growing economy, even as a jump in longer-term borrowing costs suggests investors may be increasingly nervous about that rosy scenario.

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