»» Government bonds broke their multi-week losing streak and yields fell. Sentiment shifted as concerns about imminent Federal Reserve tapering waned.
»» RBC Capital Markets anticipates the Fed will begin to gradually taper in October 2013, and complete the process by April 2014. (see table page 2)
»» Even though the recent surge in bond yields may be overdone on a short-term basis, it serves as a wake up call for investors. (page 3)
»» Global Roundup: Preview of Germany’s upcoming election. (page 4)