German bunds

Softer Dollar

November 28, 2011

The dollar gave back ground today, falling 2.3% against the Aussie dollar, 2.1% relative to the kiwi, 1.4% against the loonie, 1.0% each versus the euro and Swissie, and 0.8% against sterling.  The yen is unchanged, and the yuan slid 0.1%. Stocks climbed 1.6% in Japan, 2.0% in Hong Kong, 1.9% in Australia and Singapore, […] More

Another Tough Day in the Marketplace

November 23, 2011

German bund yields shot up 14 basis points following a technically undersubscribed auction.  A result of such was to reduce peripheral bond spreads, but their long-term interest rate levels in these countries remain way too high. The Bank of Greece warned of the risk of Greece leaving the European Economic and Monetary Union. China’s preliminary […] More