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Everyone’s Scratching Their Heads And Trying To Figure Out What The Heck Is Happening To World Markets

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Joe Weisenthal
Business Insider
May 30, 2013

Something’s up. Everyone can tell. But nobody is quite sure what it is.

Around the world, markets aren’t behaving quite like they were just a week or so ago.

Notably:

  • Bonds have been selling off in the US. Interest rates have been shooting up. The volume of US Treasury selling is enormous.
  • The dollar is surging.
  • European sovereign bond yields are diving.
  • Japan has crashed.
  • Commodity currencies (like the Aussie dollar) have been getting clubbed.

So what’s going on?

Full article here

This article was posted: Thursday, May 30, 2013 at 5:44 am





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