The risks of a slowing global economy and potential deflation remain at the center of traders’ attention, as government bond yields see fresh lows. The selling began when Japan said gross domestic product grew at an annualized rate of just 0.4% in the second quarter, much less than the 2.3% growth forecast by economists. Japanese 10-year bonds fell to their lowest yield since 2003.
Investors pull back from risk assets after Japan data
Most Popular Articles
Latest Articles
Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.