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…average price for regular gasoline in the United States is about $1.71, up from $1.62 a month ago, according to AAA. A year ago, the average price of a gallon…

The Return of Global Imbalances?

…assets. U.S. Treasury bonds have been the preferred asset of central banks and European savers, although before the 2008-09 financial crisis mortgage backed securities with AAA ratings were seen as…