Thursday's News Links

[Bloomberg] Bonds Fall, Euro Gains as ECB Stands Pat; U.S. Stocks Fluctuate

[Bloomberg] Asia Stocks Rise to 2016 High as Yen, Kiwi Drop on Stimulus Bets

[Bloomberg] ECB Leaves Stimulus Unchanged as Draghi Gauges Brexit Effect

[Bloomberg] Turkey Unrest Deals New Blow as Banks Struggle With Bad Debt

[Reuters] Emerging market debt triples since 2005, posing threat, Moody's says

[Bloomberg] Negative Yields Infecting Credit Markets as Investors Capitulate

[Bloomberg] How Sub-Zero Government Bonds Turned the Hunt For Yield Upside Down

[Bloomberg] Debt Issuance Can't Keep Up With the ECB's Hunger For Bonds

[Bloomberg] At BOJ, Concerns Are Said to Broaden Over Policy Sustainability

[Bloomberg] Kuroda Said in Comments in June No Need for Helicopter Money

[Bloomberg] U.S. Home Prices Rose 5.6% in May From Year Earlier, FHFA Says

[Bloomberg] Hamptons Mansion Buyers Have More Choices as Luxury Sales Slump

[WSJ] Why China’s Trapped Economy Won’t Find Easy Escape

[FT] Why Italy’s housing crisis matters

[NYT] How Traders Use Front-Running to Profit From Client Orders

[FT] Five Star Movement calls on Brussels to approve Italy bank rescue

Wednesday Evening News Links

[Bloomberg] Turkey Lira Falls to Record on Ratings Cut, State of Emergency

[Reuters] Turkey's Erdogan declares state of emergency after coup bid

[Bloomberg] Erdogan Says Europe Shouldn’t Interfere With Turkish Crackdown

[CNBC] Corporate debt seen ballooning to $75 trillion: S&P

[Bloomberg] Hedge Fund Outflows Slowed in Second Quarter as Quant Funds Won

[WSJ] China Takes Asia Back to the 1930s