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Emerging-Market Assets Climb as PPI Data Fuels Bets on Fed Cut

(Bloomberg) -- Stocks and currencies in developing economies advanced Tuesday after the latest US data fueled wagers that the Federal Reserve will start lowering interest rates as early as next month. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Ra

Treasuries Rally After a Measure of Inflation Shows Price Easing

(Bloomberg) -- Treasuries advanced after a weaker-than-expected US producer prices report bolstered the case for the Federal Reserve to cut borrowing costs more aggressively this year. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be