Archive for August 8th, 2014

New Overnight Developments Abroad - Daily Update

Geopolitical Clouds

August 8, 2014

Geopolitical worries have depressed long-term interest to an amazing extent.  The 10-year Treasury yield of 2.38% is down four basis points, and the 30-year is at a 14-month low.  British gilts and Japanese JGB yields slid another 2 basis points each, and the German bund is down a basis point. Japan’s Nikkei plunged 3%, most […] More