Richard Sylla News
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Treasury 10-year note yields were poised for the lowest annual average since at least World War II as investors spent 2012 seeking haven from Europe’s debt crisis, tepid global growth and a U.S. budget showdown.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand why.
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Fortune magazine began publishing annual rankings of U.S. corporations by revenue in 1955. Ever since, scholars and forecasters have analyzed changes in the Fortune 500 to help inform their judgments about industry concentration and the relative importance of different sectors of the economy.
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Britain is forcing Stephen Jobling and his stroke patients to defend the nation’s AAA credit rating.
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Investors in U.S. municipal bonds should look back to James Madison’s tenure in the White House for guidance on how far tax-exempt interest rates may fall.
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Wall Street’s biggest bond-trading firms say investors in U.S. government debt will barely break even next year as yields climb from the lowest levels since the 1950s and the Federal Reserve boosts economic growth.
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Wall Street’s smartest will meet the Senate’s toughest at a hearing next week that could provide a seminal moment in the reckoning after the financial crisis.
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The following are the day's top business stories:
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The best deal on Wall Street might be its office space.
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