Plus: the EM index is just an AI bet now
CPI comes in hot, AI goes cold
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17/10/2026
- Brent hits 5-month high above $110 on continued tension in Middle East
- U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
- Treasuries head for big weekly gains as AI jitters halt bond rout
- Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all
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