Archive for July 29th, 2014

New Overnight Developments Abroad - Daily Update

Weak Japanese Data and a New Low in German 10-Year Bund Yield

July 29, 2014

Although unchanged on balance, the bund touched 1.119% overnight, which was even below the prior record low of 1.127% in June 2012. Japanese real household spending and retail sales posted third on-year declines in a row, while jobless rate rose to a five-month high. On the geopolitical tension front, Israel intensified its offensive against Gaza, […] More