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      KKR Ups Its US Treasury Yield Call, Sees Fed Keeping Rates High

      KKR & Co. increased its forecast for long-end US Treasury yields and said it expects the Federal Reserve to hold its benchmark rate at a higher level than previously envisaged, citing Chairman Kevin Warsh’s concern over persistent inflation.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud