»» Bonds sold off, and yields jumped across regions. Equity markets handled the volatility reasonably well, except Japan’s Nikkei and stocks that trade as “bond proxies.”
»» Margin Mania: One of the few objective, quantitative measures of investor sentiment rose to an all-time high. What does its trajectory usually mean for the stock market? (page 3)
»» Global Roundup: Overview of changes to EU budget deficit rules, including challenges facing France; updates on Canada, Japan, and China. (pages 3-4)
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