Thursday's News Links

[Bloomberg] Stocks Slide as Central Banks Fail to Reassure; Yen, Gold Climb

[Bloomberg] Europe’s Largest Banks Slump to Record on Brexit Concerns

[Reuters] Asia stocks down, yen surges after BOJ refrains from offering more stimulus

[Reuters] BOJ holds policy steady; cuts view on CPI

[Bloomberg] Global Bonds Entering New Abnormal as Japan Leads Yield Meltdown

[Bloomberg] Gold Tops $1,300 as Fed Rate View Gives New Strength to Bulls

[Bloomberg] Brexit Battle Gets Bitter With Polls Showing ‘Leave’ Holds Lead

[Reuters] Brexit darkens cloud hanging over European banks

[Reuters] Brexit would make all of Europe seem less reliable: German minister

[Bloomberg] Global Central Banks Sound Brexit Alarm as ‘Leave’ Jitters Grow

[Reuters] U.S. current account deficit rises to seven-year high in first quarter

[Reuters] Foreign selling of U.S. Treasuries in April was most since 1978: data

[Bloomberg] China Dumping More Than Treasuries as U.S. Stocks Join Fire Sale

[Bloomberg] China Investors Boost Bond Leverage Most This Year Amid Rebound

[NYT, Irwin] The Fed Is Learning Just How Hard the Exit From Easy Money Will Be

[Reuters] Massive cyber attack could trigger NATO response: Stoltenberg

Wednesday Evening Links

[Bloomberg] Yen’s Jump to 20-Month High Spurs BOJ Easing Bets as Fed Holds

[Bloomberg] Dollar Extends Drop Ahead of BOJ as Japan Bonds Jump; Oil Sinks

[WSJ] Wary Fed Rethinks Pace of Hikes

[Bloomberg] Fed Skips June Increase as Six Officials See One 2016 Hike

[Bloomberg] Treasuries Surge as Fed Holds Rates Unchanged, Signals Slow Pace

[CNBC] Yellen: Brexit was a factor in decision, could have economic consequences for US

[Bloomberg] The Fed’s New Dot Plot

[Bloomberg] Oil Caps Longest Losing Streak in Four Months

[Bloomberg] Rio de Janeiro State Slammed With Two-Notch Downgrade by Fitch

[NYT] Fed Holds Interest Rates Steady and Plans Slower Increases