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Bond Investors See Rate Cut Ahead as Flug Battles Surging Shekel
Israel’s biggest bond investors are betting that Karnit Flug may have to cut borrowing costs to another record to tame the surging shekel, even after central bank researchers said the next interest rate move will be upward. Psagot Investment House Ltd. and Israel Brokerage & Investments Ltd. are among institutional…
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Click here to read the full story: Bloomberg