| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, June, 25 | |||||||
| Markets are having a big off day. | |||||||
| Index | Direction | Change | Units | Last | 7:55 AM | ||
| Dow | Down | (157) | points | 12,284 | |||
| S&P500 | Down | -1.50% | percent | 1,315 | |||
| Nasdaq Composite | Down | -1.80% | percent | 2,841 | |||
| 30 Year Treasury | Down | (7.0) | basis points | 2.68 | |||
| Bloomberg reports treasuries are beating all other U.S.bonds for the first time in three quarters as investors around the world seek the safe assets. U.S. government debt has gained 2.9 percent since March, while corporate bonds returned 1.9 percent, mortgages rose 1 percent and municipal bonds increased 1.8 percent, according to Bank of America Merrill Lynch. The combination of Europe’s debt crisis, China’s slowdown and record stimulus by the Federal Reserve means Treasuries are outperforming the global bond market by 1.3 percentage points, after lagging behind by 2.4 percentage points in the previous quarter. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-25/treasuries-beat-rest-of-bonds-as-mortgages-show-1-growth.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||