Has the bond market run out of road as portfolio-diversification tool? No one knows for sure, but for some analysts the writing’s on the wall and markets are facing regime shift. The key catalyst: the long-running decline in current yield, which has gone negative in some countries and may soon do so in US.
Justice Dept. reportedly set to file antitrust charges against Google: Reuters
Trump seeks to cut federal funding to ‘anarchist jurisdictions’: CNBC
US job growth expected to slow in today’s August update: Reuters
Growth in German factory orders continued to decelerate in July: MW
Global Composite PMI, a GDP proxy, rose to 17-month high in August: IHS Markit
US trade deficit in July expanded to biggest gap in 12 years: BC
US jobless claims remain high but fell to lowest since pandemic started: CNBC