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Some smart investors in Tokyo again injected a small dose of sanity into the absurd euphoria across all markets all over the globe. Record Low Yields 10-year German bund yield touched 0.42%, a record low. Japan’s 10-year yield fell to 0.155%, a record low. In the U. S., 10-year Treasury yield has fallen to
Tech stocks led Wall Street higher on merger talks in the semiconductor space. Treasury yields fell on disappointing growth data. The dollar pared losses, but traded lower against a basket of currencies and gold fell. Oil slumped as traders weighed the impact of an Iranian nuclear deal on supplies. I will extend the analysis on
The Commerce Department report on non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, is expected to rise 0.3 percent in February. Economists polled by Reuters expect a 0.4 percent rise in durable goods order for last month. Euro is strong and has staged, at least temporarily, a breakout above



