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U.S. 30-year mortgage rate falls to four-week low - Freddie Mac

U.S. 30-year mortgage rates declined to their lowest in four weeks in step with Treasury yields, which fell on concerns about the ability of U.S. President Donald Trump and the Republican-controlled Congress to enact tax reforms, according to mortgage finance agency Freddie Mac on Thursday.

CANADA FX DEBT-C$ posts 9-day high as oil extends gains

The Canadian dollar strengthened on Thursday to a nine-day high against its U.S. counterpart as prices of oil rose for a third straight day, offsetting broader gains for the greenback. U.S. crude prices were up 0.83 percent at $49.92 a barrel, supported by supply disruptions in Libya and lower output from other Organization of the Petrol

CBO says U.S. debt to reach 150 pct of GDP in 30 years

U.S. debt held by the public will balloon to 150 percent of economic output by 2047 unless tax and spending laws are changed, the Congressional Budget Office said on Thursday, far exceeding the record level just after World War II.

Mester sees more Fed hikes as economy rebounds from Q1

A Federal Reserve policymaker on Thursday repeated her call for further rate hikes and a trimming of the central bank's balance sheet later this year, as the U.S. economy is expected to rebound from what looks like a weak first quarter.

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Trump says 'we must fight' Freedom Caucus, Democrats

WASHINGTON U.S. President Donald Trump had fighting words on Thursday for conservatives in his own Republican Party who helped block a healthcare bill last week, saying he would oppose House Freedom Caucus members in 2018 elections if they did not get on board.