Limited Economic News Today of Importance But Some Other Disturbing Developments
The dollar strengthened modestly overnight, gaining 0.6% versus the Swiss franc, 0.4% against the yen, 0.3% relative to sterling, 0.2% vis-a-vis the Australian dollar, and 0.1% against the loonie, but the euro held steady. Ten-year sovereign debt yields backed down 12 basis points Italy, 11 bps in Great Britain, 10 bps in Portugal and the […]
The dollar strengthened modestly overnight, gaining 0.6% versus the Swiss franc, 0.4% against the yen, 0.3% relative to sterling, 0.2% vis-a-vis the Australian dollar, and 0.1% against the loonie, but the euro held steady. Ten-year sovereign debt yields backed down 12 basis points Italy, 11 bps in Great Britain, 10 bps in Portugal and the […]
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