Thursday, November 27, 2014

THURSDAY 11/27/14; SSEC 3-Year Record High; German Bund Record Low 0.71% Yield; France 10-Year Yield Drops Under 1%; Oil Prices at 4-Year Record Lows; OPEC Does Not Cut Production Resulting in Oil Price Collapse; Thanksgiving Day; US Markets Closed

Asian indexes are mixed. The NIKK drops -0.8% since the dollar/yen drops to 117.25 (stronger yen). Troubled airbag maker Takata drops -5% after US regulators set a firm deadline for Tuesday, 12/2/14, for a complete US recall of the airbags. SPASX200 is up 











[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]
















The US Treasury yields are; 2-year 0.50%, 5-year 1.53%, 10-year 2.22% and 30-year 2.93%.

At 8 PM EST, Aussie engineering and oil sectors are collapsing. Iron ore prices continue to deteriorate. The ruble is crushed lower with the Russian Ruble currency pair moving from 46 up towards 49. The US 10-year yield drops to 2.21% and the 30-year 2.92% reflecting a flattening yield curve. Copper drops to 2.94 and lower.

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