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Losses on Wall Street ripple through Asia; stocks slump

WRCB Chattanooga
Losses on Wall Street ripple through Asia; stocks slump

The U.S. Federal Reserve recently raised short-term interest rates for the third time this year, with one more expected before the year ends. Strong economic data and a positive outlook from Fed officials have led to a sell-off in U.S. Treasury bonds, particularly longer-term ones, sparking concerns