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Monday, August 12, 2013

Monetary

News                                                                                                                             
Bloomberg |
Fed Muffling Taper Talk Spurs High-Grade Revival: Credit Markets

Investment-grade corporate bonds are showing signs of life following the biggest losses since 2008 as concern wanes that a Federal Reserve pullback from record stimulus will cause a surge in interest rates.
WSJ | Doubts Arise Over U.S. Dollar's Strength
Dollar Stumbles as Investors Question Strength of Recovery.