Epstein Secrets

c adjustment in China are contributing to the current fall in investment, burdening industrials - more so in Europe than in the. United States. ()U.S. Treasuries (10-year) We are neutral on all U.S. Treasury maturities. Although we still believe that there will be an acceleration in economic growth In the s

rials Information technology Materials • • F • F • A • A • NI • • • • • • • • F Style Small and mid cap • 'as of 7/15/15 ()German Bunds (10-year) As for most bonds we also expect Bunds to swing back and forth in a trading range for the time being, offering short-term opportunities.

Rides U.S. Treasuries (2..yrmir) U.S. Treasuries (10-year) U.S. Treasuries (30-year) U.K. Gilts (10.ywn) Eurozonc, periphery German Blinds 12-year) German Bunds (10-

U.S. Treasuries (2..yrmir) U.S. Treasuries (10-year) U.S. Treasuries (30-year) U.K. Gilts (10.ywn) Eurozonc, periphery German Blinds 12-year) German Bunds (10-year) Japanese government bonds (2-year) Japanese government bonds (10-year) U.S. investment grade U.S. high yiekl EUR investment grade' FU

nment yields are unlikely to increase sharply over the next 12 months. With the ECB persevering with quantitative easing, the differential between U.S. Treasuries and German Bunds is also likely to continue. On the corporate side, high levels of recent issuance help keep us cautious on investment grade. U.S.

likely to increase sharply over the next 12 months. With the ECB persevering with quantitative easing, the differential between U.S. Treasuries and German Bunds is also likely to continue. On the corporate side, high levels of recent issuance help keep us cautious on investment grade. U.S. high-yield could