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Bitcoin in Limbo as Stocks Rebound Ahead of US Inflation Report

U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.

Bitcoin in Limbo as Stocks Rebound Ahead of US Inflation Report

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

Read the original at decrypt.co →

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Ethiopia’s Bills Yield Far Below Bank Rate

Ethiopia sold Birr 22.5485 billion (about US$140 million) of Treasury bills at yields far below the 16% policy rate. Here is what lies behind the gap. The post Ethiopia’s Bills Yield Far Below Bank Rate appeared first on The Rio Times .

  • Ethiopia issued Birr 22.5485 billion in Treasury bills at 6.016% yield
  • Yields 10 percentage points below 16% policy rate set by NBE
  • Excess liquidity in banks pushed bill yields down

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