Wednesday, June 3, 2015

THURSDAY 6/4/15; Global Bond Yields Running Higher; German Bund Tags 0.99%; Greece Delays Debt Payment; OPEC; BOE Rate Decision; JOY; SJM; Productivity and Costs; DMND; PAY; ZUMZ

Asian traders awaken and prepare for the Thursday trade. Euro 1.1261. Dollar/yen 124.34. Pound 1.5323. Aussie dollar 0.7770. USD 95.37. US futures are a hair negative. S&P -1. Dow -4. Nasdaq -2.

WTIC oil 59.66. Brent oil 63.80. Natty 2.64. Gold 1185. Silver 16.45. Copper 2.7280.

US Treasury yields are; 2-year 0.67%, 5-year 1.69%, 10-year 2.36%, 30-year 3.10%. The yield curve steepens with the 2-10 spread at 169 bips. German bund 0.893% moving towards a 0.9% handle. Japan 10-year yield 0.496%.

Today is the anniversary of the Tiananmen Square (Beijing, China) massacre on 6/4/89 and the communist leaders are muzzling the news stories as they do 












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Zumiez is in line with EPS but misses on the top line sales and guides lower.

A massive security breach occurs on government computers with over four million employees information compromised. Chinese hackers are suspected in the cyber attack. The computer security problems in the United States are becoming more frequent and worrisome. 

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