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Steven Major, global macro advisor at Tradition Dubai, says some bonds may be getting "twitchy" further out on the curve. He says the US Treasury is not doing any favors for the taxpayer "by issuing long bonds north north of 5% yield." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Value ETF (Symbol: IWD) where we have detected an…
