Thursday, June 9, 2016

The Global Ring of FIRE Economy

June 9, 2016
Treasurys are on fire

Treasurys and other government bonds have seen strong buying recently amid concerns about global economic growth and the upcoming British referendum. The German 10-year yield fell to a record low earlier this week.

June 9, 2016
Global bond market rally puts financial stocks under pressure

LONDON (Reuters) - A rally in global bond markets picked up on Thursday on waning expectations the Federal Reserve will raise rates soon, driving yields on safe-haven German Bunds to record lows, and putting pressure on shares of some of the world's biggest banks.

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