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
