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Finance & Markets

Hedge Funds Diameter, Redwood Bought Nuveen Brightline Debt

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital bought about $190 million of Brightline’s municipal bonds from Nuveen this week, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Mixed economic bag confronts investors

Investment strategies for the fourth quarter are being shaped by a tug-of-war between a supportive economic and earnings outlook and mounting macroeconomic risks, including elevated bond yields…

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