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This Week In Credit: Market Rally Rests On A Narrow Path (Aug. 1, 2022)

Rate decisions from the BoE and RBA plus the release of economic data, most notably U.S. payrolls, should focus minds this week. It's unclear whether the recent positive market tone, buoyed partly by hopes of a quicker end to U.S. rate tightening and an arguably more upbeat earnings season so far, can be sustained. Inflation remains a clear and present danger, while recession fears loom larger.

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