Thursday, June 9, 2016

Thursday Evening Links

[Reuters] Asian stocks down, global bonds rally as 'Brexit' vote looms

[Bloomberg] Illinois Downgraded to Lowest for Any State in Over a Decade

[Bloomberg] A Breakdown in Old Rules Leads to a Rethink on How Global Markets Work

[Bloomberg] Household Worth in U.S. Rose by $837.4 Billion in First Quarter

[Bloomberg] Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode

[CNBC] Buying or renting, housing affordability just gets worse

[WSJ] Japan’s Largest Bank Considers Quitting Role in Government-Bond Market

[CNBC] BlackRock: What you should take away from Icahn, Soros bearishness

Thursday's News Links

[Bloomberg] Stocks, Commodities End Winning Streaks as Growth Optimism Ebbs

[FT/CNBC] Negative rates stir bank mutiny

[Reuters] Global bond market rally puts financial stocks under pressure

[CNBC] Markets send mixed signals as bund yields head to zero

[Bloomberg] Korea Unexpectedly Cuts Rate to Support Debt Restructuring

[Reuters] Bank of Japan Deputy Governor Hiroshi Nakaso warned of lingering global economic uncertainty 

[Reuters] China May consumer inflation cooler than expected but producer prices perk up

[Bloomberg] How's That Credit Hedge Working Out For You?

[Bloomberg] Trail of Defaults Leads to Dark Corner of Tax-Exempt Bond Market

[FT] Debt traders miss credit default swaps as losses loom

[Reuters] Japan protests after Chinese navy ship sails near disputed islands