Gold was flat in early Asian trade. The realization that interest rates are likely to remain higher for longer was weighing on sentiment, ANZ Research said.
The co-head of alternative asset manager Blue Owl Capital said private-credit firms are in good shape to withstand a sharp rise in loan defaults, despite fears the young market has yet to be tested by a serious economic downturn.
Exhortations to users to contact their representatives amid a debate over banning the app might have broken the law, the leaders of a House committee say.
