Thursday Evening Links

[Bloomberg] U.S. Stocks Pare Monthly Gain Amid Selloff in Tech, Small-Caps

[Reuters] Brazil's real drops to 3 per dollar on fiscal data, U.S. outlook

[FT] Puerto Rico’s bonds slide after it drops tax plan

[Reuters] Vale posts $3.2 bln loss on iron ore's relentless fall

[Bloomberg] Bernanke's Latest Blog Post Takes a Brutal Shot at the Wall Street Journal Editorial Page

[Bloomberg] Global $100 Million Home Sales Reach Record as Billionaires

[Bloomberg] Sound Global at 50% Default Risk After Cash Shortfall, S&P Says

[Reuters] Russia may be readying for new Ukraine offensive: NATO commander

[Reuters] Houthis clash with Saudi forces on Yemen border, dozens killed

[Bloomberg] Saudi Arabia Is Burning Through Its Foreign Reserves at a Record Pace

[Reuters] China, Russia to hold first joint Mediterranean naval drills in May

[AP] Mortgage Giants Seen Needing up to $157B in Aid in Disaster

[Bloomberg] Junk-Bond Safeguards Reach Lowest Level Since 2011, Moody’s Says