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US Bonds Fall as Inflation Risks Dash Hopes for 2026 Rate Cuts
New York, Tuesday, 3 March 2026.
In a rare market twist, investors are selling US government bonds despite escalating Middle East conflict. Fears that war-driven energy spikes will reignite inflation have overpowered the traditional flight to safety, forcing traders to abandon hopes for significant Federal Reserve rate cuts in 2026.
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Moderna Agrees to $950 Million Settlement to End Global Patent Litigation
Cambridge, Tuesday, 3 March 2026.
In a significant move to clear its legal horizon, Moderna has agreed to pay $950 million to Arbutus Biopharma and Genevant Sciences, resolving worldwide disputes over the lipid nanoparticle technology used in its COVID-19 vaccines. While the deal eliminates future royalties, the total payout could swell by an additional $1.3 billion depending on the outcome of a federal appeal regarding government-contractor liability, potentially marking one of the largest patent settlements in pharmaceutical history.