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Source: afr.com afr.com

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On bitstamp.net, bitcoin was down 3.8% to $US27,820. The yield on the US 10-year note was up 6 basis points to 3.50%. On Wall Street, traders are busy parsing the outlook for the Fed ahead of a week of US data amid fears of a US recession. John Stoltzfus, chief investment strategist at Oppenheimer: “Economic growth while slowing has not yet confirmed the arrival of a recession even as the Federal Reserve has had to raise rates fairly aggressively in an effort to bring an end to an era of ‘free money’. Any slowing of activity in the regional banking...