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

Thursday's News Links

[Bloomberg] Treasuries in Longest Skid Since February on Fed Rate Wagers

[Bloomberg] Euro-Area Bonds Slump for Second Day, Extending $61 Billion Loss

[Bloomberg] Dollar Bulls Seen Facing More Pain as Fed Ambiguity Tests Rally

[Reuters] Nikkei posts biggest loss in 4 months on weak U.S. GDP, lacklustre earnings

[CNBC] Marc Faber: Stocks are about to fall 40%—at least!

[Bloomberg] Student-Loan Surge Undercuts Millennials’ Place in U.S. Economy

[Bloomberg] New York Construction Booms With Focus on Luxury Housing

[Reuters] German unemployment hits lowest level since December 1991

[Bloomberg] Italian Unemployment Rises in Setback for Renzi’s Plans

[Bloomberg] Sound Global Bonds Plunge After Auditors Found Cash Shortfall

[NYT] China Rethinks Safety Net for Its Banking System

[Bloomberg] China Leaders Vow to Step Up Targeted Moves to Boost Economy

[Reuters] China solar expansion needs billions from wary investors

[Bloomberg] Russia Lowers Key Rate More Than Forecast as Economy Slumps

[Dow Jones] Kuroda Dismisses Extra Easing

[Japan Times] Investors seek out risky U.S. loans in throwback to pre-crisis days

[Reuters] Besieged Yemeni city sees worst fighting yet - residents

[AP] US now sees Russia directing Ukraine's rebels

[Reuters] Economic growth in a third of China well below seven percent national average