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UBS: Equities, USD, government bonds after Fed rate hike

Notwithstanding the immediate market response to a much-anticipated 25 bps rate increase by the Fed, which sent stocks and bonds falling, UBS Wealth Management believes that the move is a “neutral hike” that reflects an improved economy, and that the central bank’s comments are broadly supportive of risk assets. APB Mandate rounds up what UBS Wealth Management is saying on equities, USD and…

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