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BofA Says US Stocks Can Avoid Big Drop If Yields Stay Below 5%

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US stocks can avoid a dire outlook as long as bond yields stay below a historic high of 5%, according to Bank of America Corp. strategist Michael Hartnett.

Italy’s Widening Bond Spread Levels Aren’t a Worry, Central Bank Chief SaysChina’s Credit Growth Beats Expectations on Stronger StimulusJD.com Sinks to Record Low as Wall Street Brokers Turn BearishIndonesian Tycoon Said to Weigh Selling Gold Miner ArchiFrench Lawmakers Seek to Extend Windfall Taxes on Oil and PowerTurkish Burger King Operator Seeks to Sell Shares in Istanbul IPOSt.

James’s Place Says It’s Reviewing Fees; Shares TumbleIsrael Latest: IDF Urges Evacuation of Gaza City, Signaling IncursionAsia Stocks Face Headwinds From Soaring US Yields: Markets WrapIndonesian Tycoon Said to Weigh Selling Gold Miner ArchiFrench Lawmakers Seek to Extend Windfall Taxes on Oil and PowerUkraine Recap: Kyiv Counters Major Russian Assault in DonetskOil Heads for Small Weekly Gain as Israel War-Risk Premium FadesChina’s Export Slump Eases as Beijing Works to Bolster OutlookMiner...

 

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