Italy’s political crisis triggered a risk-off event yesterday that sharply cut US Treasury yields. The 2-year rate fell to 2.32%, the lowest in more than a month as the benchmark 10-year yield fell to a two-month low of 2.77%.
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Italy’s political crisis poses risks for the global economy: NY Times
Asian stocks extend losses after sharp drop in US equities: Reuters
Trump announces US moving ahead with trade tariffs on China: New York Mag
China says it will respond to ‘reckless’ US trade threats: Reuters
US home prices rose a solid 6.8% in March from year-earlier level: USA Today
Texas factory activity increased in May, reaching a 12-year high: Bond Buyer
US Consumer Confidence Index up in May, close to 18-year high: MarketWatch