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Fed Urged to Explore Hedge Fund Bailout Tool for Basis Trade

(Bloomberg) -- The Federal Reserve should consider setting up an emergency program that would close out highly leveraged hedge-fund trades in the event of a crisis in the $29 trillion US Treasuries market, according to a panel of financial experts.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US

Trump Risks Ending Years of Disinflation, Ex-Fed Vice Chair Says

(Bloomberg) -- US President Donald Trump’s trade war risks turning powerful influences that helped ease inflation over decades in the opposite direction.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship Strikes“Some of the forces that helped the disinfla