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Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears

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Credit traders took some comfort in Federal Reserve Chair Jerome Powell’s assurances that the central bank isn’t planning to lift interest rates further, sending a gauge for fear of corporate defaults to lower levels.

Credit Market Risk Eases as Powell Quells Future Rate-Hike FearsUK’s FTSE 100 Edges Lower in Thin Trading Ahead of Fed DecisionSunnova Energy Huddles With Adviser on Balance Sheet OptionsFed Cites Lack of Progress on Inflation, Holds Rates SteadyViking IPO Crowns April Best Month for US Debuts Since SeptemberChris Rokos’s $17 Billion Hedge Fund Extends Gains to About 20%Extreme Weather Is Driving More US Power Outages, Studies ShowKey Takeaways From Fed Decision to Hold Rate at Two-Decade...

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