Thursday's News Links

[Bloomberg] Japan Stocks Drop as Abe’s Lack of Stimulus Details Disappoints

[Bloomberg] Yen Set for Longest Gain in Month Amid Concern Over Brexit, Fed

[Bloomberg] Iran Resists Saudi Gesture for Unity as OPEC Fractures Reappear

[Bloomberg] Puerto Rico’s U.S. Rescue Won’t Come Soon Enough to Halt Default

[Bloomberg] The Explosion in Quasi-Sovereign Bond Issuance Is Making Analysts Queasy

[Bloomberg] Corporate Bonds to Join Draghi’s Asset Purchases on June 8

[FT] Corporate bonds join negative yield club

[Bloomberg] European Banks’ Trillion-Dollar Bad-Loan Burden Spurs Cash Calls

[FT] ‘Financial conditions’ indicator grips Fed watchers

[Bloomberg] Goldman Says Hedge Funds Wedded to Top Picks Like Never Before

[NYT] Payday Loans’ Debt Spiral to Be Curtailed

[Reuters] China tells U.S., don't let allies set South China Sea policy

Wednesday Evening Links

[Bloomberg] Asian Stocks Fall Second Day as Yen Weighs on Japanese Shares

[Bloomberg] Dollar Falls Most Since April as Traders Look to May Jobs Data

[Bloomberg] U.S. Economy Grows Modestly as Job Market Tightens, Fed Says

[Bloomberg] Major Landlord Sends Warning About Rental Markets in NYC, San Francisco

[Bloomberg] Going Broke Slowly: A Guide to Sprint’s $33 Billion Debt Dilemma

[NYT] Why the World Is Drawing Battle Lines Against American Tech Giants