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MAY 02, 2013 - Zero Hedge

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Frontrunning: May 2

The number of bond funds that own stocks has surged to its highest point in at least 18 years (WSJ) Clubby London Trading Scene Fostered Libor Rate-Fixing Scandal (WSJ) Cheap money bankrolls Wall Street's bet on housing (Reuters) Bank of Japan reveals concerns over easing policy (FT) iPads and low-end rivals propel higher tablet shipments  (Reuters) China Cyberspies Outwit U.S. Stealing Military Secrets (BBG) Draghi Fuels Bets on Rate Cut With Risk of Limited Impact (BBG) China guides renminbi to fresh high against US dollar (FT) Japan is preparing to start up a massive nuclear-fuel ... Read More

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