Posted on 08/27/2013 12:55:00 PM PDT by whitedog57
The global sovereign yield table is a sea of green foam. I say green foam because the Central Banks are still pumping air into the water at high speed.
wbm082713
Except for the PIGS (Portugal, Italy, Greece and Spain). They are seeing rising sovereign yields for the 10 years. The US is down 7.1 basis points on the previous poor durable goods report and Syria war jitters. Japan is down 2.1 bps while the UK is down 11.3 bps.
Oil is shooting through the roof. But corn, an ingredient in ethanol, is falling.
oilF
Green sea form and oil don’t mix. We call that an “oil slick.”
Gold going up too.
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