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Treasuries Rally Amid Credit Woes; Trump to Meet Zelenskiy, Putin | Bloomberg Brief 10/17/2025
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October 17, 2025
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43:22Now PlayingUS equity futures decline, Treasuries extend rally and the dollar stays on track for its biggest weekly drop since July. Credit fears deepen as a selloff in Zions Bancorp and Western Alliance following its report on alleged fraud on loans drag bank shares down. President Trump announces his plan for another meeting with President Putin while President Zelenskiy is set to visit the White House. Shares of Novo Nordisk and Eli Lilly fall after President Trump said the price of Ozempic could drop to $150 a month. The US auto industry nears a tariff relief on imported car parts from the White House. Seema Shah of Principal Asset Management discusses the risks surrounding the latest credit angst.
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