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Morning Bid: Treasuries Tighten as Fed Hawks Re-emerge

What matters in US and global markets? Investors wait anxiously for Fed Chair Jerome Powell’s keynote speech at the Jackson Hole symposium today.

Strong Market Debuts Raise Questions Over Cautious IPO Pricing by Wall St Banks

Big first-day gains by recent high-profile U.S. listings have raised questions over whether Wall Street banks are pricing them too cautiously.