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A mainstay of the rock ’n’ roll nostalgia band, he also wrote the lyrics to “Sandy,” a song heard in the hit film “Grease.” Source link

(Bloomberg) — Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the asset class, according to Mohamed El-Erian. Most Read from Bloomberg Demand for Treasuries is strong as demonstrated with this week’s auctions. And US money-market fund assets …