11 August 2016



Today’s Issue Cluster: Bonds



MAJOR DATA POINTS

X


MARKETS

Bonds – Markets: Growing Ever More Bizarre WSJ / WSJ / B *

Bonds – Markets: US and EU junk yields hit lows FT * *

Bonds – Germany: 10-Year Auction Achieves Record-Low Yield B *

Bonds – UK: BOE to Make Up Shortfall After Auction Hiccup WSJ / B *

Bonds – UK: Yields Climb From Record as BOE Bombarded B *

Bonds – UK: Buying accelerates fall in global borrowing costs FT *

Bonds – US: Falling Rates Create Call Frenzy WSJ *

Bonds – US: Companies tap global demand FT *

Bonds – US: Treasury yields turn negative B *

Bonds – US: Cities and States Refuse to Borrow Cheap Money WSJ *

Bonds – US: Will it be a record year for muni sales? B *

Bonds – US: New Rules for Short-Term Borrowers WSJ *


ECONOMICS



POLITICS & FISCAL POLICY

Canada – The great provincial obstacle course E *


MONETARY POLICY



FINANCE



REAL ESTATE

Canada – Relying on a frothy real estate market B *

Canada – The Housing Boom Fueled by China’s Billionaires B *


LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Cotton – China Extends Auction Through September WSJ *

Cotton – Soars on speculative buying FT *


ENERGY & ENVIRONMENT

Alt – Solar: China prospects dim as overcapacity builds SCMP

Alt – Solar: Manufacturers Pivoting From Big US Utility Projects B

Alt – Solar: Why Home Panels No Longer Pay in Some States NYT

Alt – Solar: How Popular Are Home Systems? / WSJ *


HEALTH



ENDNOTE

Photos taken by locals and tourists in Toronto motw *


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