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Bidding at U.S. 2-year note sale strongest in a year

A gauge of total bids for $26 billion worth of U.S. two-year government debt on Tuesday reached its strongest level in a year with the yield at a two-year auction hitting its highest level since September 2008, according to Treasury data.

Fitch Affirms Groupe BPCE at 'A'; Stable Outlook

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Groupe BPCE - Rating Action Report https://www.fitchratings.com/site/re/898785 PARIS, May 23 (Fitch) Fitch Ratings has affirmed Groupe BPCE's (GBPCE) Long-Term Issuer Default Rating (IDR) at 'A', Short-Term IDR at 'F1' and Viability Rating (VR) at 'a'. The Outlook on the Long-Term IDR is Stable. Fitch has assigned 'A(dcr)' Derivative Counterparty Ratings (DCRs) to BPCE S.A and Natixis, which are notable de

Fitch Affirms CM11 at 'A+'; Stable Outlook

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: CM11 - Rating Action Report https://www.fitchratings.com/site/re/898793 PARIS, May 23 (Fitch) Fitch Ratings has affirmed CM11's Long-Term Issuer Default Rating (IDR) at 'A+', Short-Term IDR at 'F1' and Viability Rating (VR) at 'a+'. The Outlook on the Long-Term IDR is Stable. In addition, Fitch has assigned a 'A+(dcr)' Derivative Counterparty Rating (DCR) to Banque Federative du Credit Mutuel (BFCM), which

Fitch Upgrades Credit Agricole to 'A+'; Stable Outlook

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Credit Agricole - Rating Action Report https://www.fitchratings.com/site/re/898787 PARIS, May 23 (Fitch) Fitch Ratings has upgraded Credit Agricole's (CA) Long-Term Issuer Default Rating (IDR) to 'A+' from 'A' and Viability Rating (VR) to 'a+' from 'a'. The Outlook on the Long-Term IDR is Stable. The Short-Term IDR was affirmed at 'F1'. Fitch has assigned 'A+(dcr)' Derivative Counterparty Ratings (DCRs) to

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