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OverviewAPI
Stocks and bonds surge higher following a weaker-than-expected CPI report, with expectations of the Federal Reserve leaving rates unchanged at their next meeting in December. The bond market has experienced its third consecutive year of losses in what is called the worst bear market in history, but optimism about lower inflation and expectations of the Fed being done with interest rate hikes have led to a strong rally in the bond market. Wall Street is also experiencing a significant rally in equities and bonds, with investor sentiment improvements and a reduction in risk exposure driving the rally.

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