Wednesday's News Links

[Bloomberg] Fed Ends Zero-Rate Era; Signals 4 Quarter-Point Increases in 2016

[Reuters] Oil nears 11-year low on big U.S. supply build; Fed awaited

[Bloomberg] Brazil's Real Plunges Ahead of New Fiscal Target Announcement

[Bloomberg] Brazilian Stocks Decline Most in World on Credit Downgrade Fears

[Bloomberg] Brazil Cut to Junk by Fitch With Negative Outlook on Rating

[Reuters] Fed readies first hike in almost a decade amid calm markets

[Bloomberg] Here's What 7 Years at Zero Rates Have Looked Like

[Reuters] Fed has new tools to jig rates after first hike in nine years

[Bloomberg] $100 Billion Evaporates as World's Worst Oil Major Plunges 90%

[Reuters] China slowdown sinks Asia sentiment to four-year low: Thomson Reuters/INSEAD

[Bloomberg] PBOC Helps Make China Junk Bonds More Resilient Than U.S. Peers

[NYT] Battered, Apologetic and Still Pitching Their Hedge Funds

Tuesday Evening Links

[WSJ, Hilsenrath] Fed Poised to Mark the End of an Era

[Bloomberg] Ghost of September's Delay Haunts the Fed on Eve of Liftoff Decision

[Bloomberg] Foreigners Sold U.S. Treasuries at Record Pace in October

[FT] Yields on junkiest US bonds breach 18%

Tuesday's News Links

[Bloomberg] Fed's Historic Liftoff and Everything After: Decision Day Guide

[Bloomberg] Stocks Climb as Credit Markets Rally With Brent; Gas Declines

[Bloomberg] Third Avenue, Stone Lion Capital Spark Memories of ’08: Analysis

[Bloomberg] Yuan Declines for Eighth Day in Longest Losing Streak Since June

[Reuters] Billionaire Lasry backs junk bond fund hit with heavy redemptions

[Bloomberg] All Monetary Policy Is Global as Foreign Inflation Tests Yellen

[Reuters] Brazilian police raid homes of parliament speaker Cunha, tourism minister

[Bloomberg] Magnum Hunter Files for Bankruptcy as Gas Hits 14-Year Lows

[Bloomberg] Creditors Bawl: How Investors Ignored Risk of Junk-Bond Rout

[Reuters] China ready to moderate sharp offshore yuan falls: sources

[Bloomberg] Shipping Index Plunges to Fresh Record Amid China Steel Slump

[Bloomberg] 'Chinese Shock' Would Suppress Global Rates, Trade, Fitch Says

[Bloomberg] Fed Dread Turns Mexico Into ‘Whipping Boy’ as ETF Outflows Surge

[WSJ] The Fed at the Brink

[Bloomberg] Imagine a World Where Black Swans Really Do Come True in 2016

[Reuters] Turkey says to take fight to Kurdish militants as violence flares

[Reuters] U.S. Navy commander warns of possible South China Sea arms race