— US GDP growth slowed to a 1.6% rate in the first quarter, well below expectations.
— US new home sales surged in March despite elevated mortgage rates.
— 10-year Treasury yield leaps to highest level in more than 5 months after GDP report.
— IMF: Outlook for world economy is brighter, though still modest by historical standards.
— EU parliament approved new law to boost manufacturing of key decarbonization technologies.
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