August 16, 2019

Market News

The German Bund continues to sink lower with each passing day and down to a -.650 range currently, as the powerhouse of Europe this has investors worried about the true status of the EuroZone and the effect stimulus is having on the region.  Data released this week showed the German economy contracted in the second quarter while China industrial production grew at the slowest rate in 17 years. Meanwhile, data released Thursday showed an encouraging rise in U.S. retail sales. Investors believe the yield curve inversion from earlier in the week was a signal about growth outside the U.S. and German bunds are causing moves in U.S. Treasuries, rather than the other way around.

 

Josh Pappert – VP, Capital Markets
Nations Direct Mortgage