Hyper-Luxury Brands Woo 1% to Pace Car Sales Recovery -
The strength of auto sales in the wake of the financial crisis has been led by ultra-premium luxury brands, with registration for vehicles priced at more than $100,000 surging 154 percent in the past five years. Bloomberg’s Matt Miller reports on “In The Loop.” (Bloomberg, Feb 26)
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Japan's yen at a 40-year low could become America's bond-market problem
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If Japan intervenes to support the yen, investors will also be watching the
country's dollar-denominated reserve assets, including US Treasurys.
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