The Fed’s shrinking balance sheet is worrying a key corner of US financial markets

The Fed’s shrinking balance sheet is worrying a key corner of US financial markets

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As markets staged a monster rally following the Federal Reserve’s shift toward loosening monetary policy, one corner of the financial system had reason to remain on edge. • None Citi Shuts Muni Business That Once Was Envy of Rivals • None Owner of the Philippines’ Largest Malls Says China Feud May…

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