Epstein Secrets

(GSK) WSJ WSJ negative: Dunkin Donuts (DNKN) WSJ WSJ positive: Bank of America (BAC) WSJ • Investors cast wary eye on Fed rate increases WSJ • Treasury Department's plan to lower issuance seen compressing yields further WSJ • Conservatives: the party of business? FT • South Africa's rainbow starts to fade FT

ets open stronger on the highs and are choppy with early rallies sold currently +25bps/+150bps as the EU cuts Euro area GDP and inflation forecasts. Draghi spoke earlier and reiterated that weak global inflation is no reason for central bank inaction ("what matters most is that central banks act within t

=== 6m change in 30y real rates (RHS, inverted == USGGT10Y Index (R1) 5y5 | rates scale, %4) yoy real ra Source: BofA Merrill Lynch Global Research, US Treasury The BAML multi asset strategy index is not representative of all isk-parity funds. Si : BofA Merrill Lynch Global R h Source: BofA Merrill Lynch Glo

19). First, given USD/JPY’s significant correlation with 10Y yield differentials (>60%}, the anchoring of 10Y yields will further weigh on the Yen as US Treasury yields rise. Second, further Japanese fiscal stimulus will successfully lower real yields through higher breakeven rates of inflation while nominal y

, such as relaxing the capital key or buying below the depo rate. QE tapering is therefore a risk and the market could start testing the ECB. Even if Draghi succeeds, the Euro could strengthen in the meantime. In contrast, the Bo)’s new framework should address the sustainability challenges that Kuroda fa

om oil to copper. The U.S. reflation expectation also boosted the greenback. European sovereign bond yields and the euro declined after ECB President Draghi announced a reduction in monthly asset purchases starting in 2018, but promised a longer duration of QE. China completed its quinquennial leadership

% 10.7% NASDAQ 6496 6728 3.6% 25.0% TOPIX 1675 1766 5.4% 16.3% KOSPI 2394 2523 5.4% 24.5% Emerging Markets 1082 1119 3.5% 29.8% Fixed Income 2-Year US Treasury Note 1.49% 1.60% 12 41 10-Year US Treasury Note 2.33% 2.38% 5 -7 BarCap US Agg Corp Sprd 1.01% 0.95% -6 -28 BarCap US Corp HY Sprd 3.47% 3.38% -9 -71