Top News | Sep 30, 2014

Protests in Hong Kong add to the geopolitical risk

Yesterday was another risk-off trade day. Equity markets around the globe lost ground while safe-haven government bond yields trended lower as protests in Hong Kong added to geopolitical concern while a rebound in US consumer spending added to speculation of an earlier than expected Fed rate rise. Credit markets were still weighted by concerns around the departure of PIMCO's Bill Gross.

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