Bond Yields Creep Up

Monday, stocks rose 0.4% in Asia and Europe and rose slightly in the U.S. on moderate volume. The VXO dropped 15% to close at the unsustainable level of 8.33. Tuesday, stocks in Asia closed virtually unchanged. In Europe, they fell 0.7% and in the U.S. fell 0.4% on strong volume. The VXO shot up 20% to close at 9.99. The 10-Year U.S. Treasury Bond yield fell 2% to close at 2.19.

Wednesday, stocks in Asia closed down 0.5%, in Europe closed nearly unchanged, and rose 0.9% in the U.S. on moderate volume. Thursday. stocks in Asia rose 0.9% while in Europe they fell 1.4%. In the U.S., stocks fell 0.6% on moderate volume. The 10-Year U.S. Treasury Bond yield rose 2% to close at 2.27. Friday, stocks in Asia fell 0.6%, fell in Europe 0.4%, and gained slightly in the U.S. on moderate volume. The 10-Year U.S. Treasury Bond yield rose 2% to close at 2.30.

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