U.S. trade balance

Lessening Market Impact from Spanish Political Strains

October 5, 2017

Spain’s stock market has rebounded 1.7% after government officials in Madrid took a hard line against negotiations with Catalan. In contrast, investors have become even more worried about the possibility that British Prime Minister Theresa May may before yearend get the gong from hard-line Brexiters in her own Conservative Party. The dollar advanced 0.9% against […] More

Dollar and Treasury Yields Lifted by U.S. Jobs Report

August 4, 2017

The dollar rebounded sharply, advancing 1.0% against the euro, 0.8% relative to the yen and sterling, 0.7% versus the loonie, 0.6% vis-a-vis the Australian dollar, 0.5% against the Swiss franc and kiwi, 0.3% versus the peso and 0.2% relative to the yuan. The 10-year Treasury yield climbed six basis points to 2.28% and exerted coattails […] More

Blame It on the British: Bond Yield Distress Extended

July 6, 2016

The 10-year Treasury yield touched a fresh low for the move earlier today of 1.318%.  It closed on June 23 at 1.75% just before the shocking Brexit vote result became known.  The 10-year Japanese JGB is off two basis points at negative 0.27%.  The sovereign debt yields in Germany and Switzerland are also below zero. […] More

css.php