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High-quality bonds are still safer than stocks, but they have been swinging in value, so move cautiously, our columnist says.
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Tornadoes appeared in Queens and on Long Island as flooding disrupted traffic on some major highways. A tornado was also confirmed in Delaware.
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In a CNBC exclusive, U.S. Treasury Secretary Scott Bessent says he could expand a bond buyback plan, but yields march higher despite the extraordinary action.
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