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As world stock markets enjoy a good day, John Authers probes the underperformance of high-yield bonds in the US. Mark Haefele, global CIO of UBS Wealth Management, suggests investors are overreacting to the falling oil price.
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With deflation a worry, will the European Central Bank embark on full-blown US-style quantitative easing this month? Claire Jones, eurozone economy correspondent, discusses why the ECB is likely to leave QE until next year.
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