New bill would boost alternative assets in retirement plans; its sponsors estimate a modest diversification into "alts" could increase 401(k) performance by 17%.
The selloff to meet margin calls comes after the BOE confirmed it will end its emergency bond-buying program; reverberations were felt from Sydney to Frankfurt to New York.
Because there are fewer M&A deals to finance, lenders are focusing on giving loans to corporations looking to cover rising expenses amid high inflation.