PVG Market In A Minute – June 9, 2015
- PVG Admin
- June 8, 2015
Last week, the bond market had a very tough week, along with other interest rate sensitive securities. As an example, the widely watched 10 Year Treasury Note yield increased .30% to 2.4%. Additionally, other bond markets around the world have also been weak lately, such as the 10 Year German Bund which has increased from a yield of nearly zero to almost 1%. The Employment report last Friday certainly was stronger than expected and thereby gives the Federal Reserve the green light to raise rates in September.
Please click the link below to continue reading:
Market in a Minute 2015-6-9