Initial Guidance | 11 February 2016

● Fed’s Yellen Sounds a More Cautious Note on US Economy | NY Times
● Assessing Yellen’s Warning That Markets Pose Threat to Economy | Bloomberg
● Mortgage refi applications spike due to low interest rates | HousingWire
● Ex-Fed’s Bernanke: Negative Funds Rate Unlikely in Near Future | MNI
● German bond yields sink as Fed seen cautious on rates | Reuters
● The global trade slowdown hits the US Northwest | Seattle Times