Archive for October 6th, 2010

New Overnight Developments Abroad - Daily Update

Markets Anticipating Lower Interest Rates

October 6, 2010

Stocks advanced further overnight, bond yields fell, and the dollar remained weak across the board as markets look to more central banks easing as the BOJ did yesterday. The Nikkei advanced 1.8%, and the yield on 10-year JGBs fell eight basis points to 0.84%, lowest since June 2003.  However, an unacceptably strong yen, which triggered […] More