Trade Deficit Soars, Fed Meeting Begins, Stocks Slip

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BondWatch Editorial

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Today’s Brief The U.S. trade deficit widened to a record $140.5 billion in March, exceeding expectations and increasing from the prior month’s revised deficit of $123.2 billion. This widening was primarily driven by a significant surge in imports, which detracted sharply from first-quarter GDP. The Federal Reserve’s May meeting began today and is scheduled to…...

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