- TLTBarrons.com•20 minutes ago
With global investors more comfortable taking risk now that there is reportedly a plan for shoring up Deutsche Bank (DB) should it come to that, Treasuries were falling Wednesday. Independent rates strategist Ian Lyngen explained the move: Yields are slightly higher this morning, bouncing after a solid bullish move that has extended stochastics to nearly overbought levels – an indicator we’re tracking as the market returns to the pre-FOMC/BOJ range that held for most of the summer. In terms of the impetus for the move, risk assets performed well, driven in part by developments with Deutsche Bank designed to ensure the bank has access to capital if needed.
- SPYMarket Realist•45 minutes ago
BlackRock is expected to see a rise in retail participation in the current quarter as equities and other asset classes have risen on improving fundamentals.