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Bond Traders Are About to Grasp the Magnitude of the Treasuries Deluge
The world’s biggest bond market has managed to gulp down a swelling deluge of issuance in recent months. But this week could drive home that an even bigger wave is ahead. The non-partisan Congressional Budget Office on Monday is set to release its latest projection for the U.S. budget deficit. In June, before the tax […]
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Senate Sets Offshore Tax Rate as High as 10%: Tax Debate Update
It was crunch time for Republican tax-writers on Thursday. The House Ways and Means Committee completed its tax-cut legislation and sent it on its way to the full House, while a Senate panel began revealing details of its own version. Here are the latest developments, updated throughout the day: Senate Sets Offshore Tax Rate As […]