The Monday After: German DAX Down 2%, New Zealand/Australia 10Y Yields Rise 10 BPS

It is the Monday after the ECB’s Mario Draghi waved the flag of surrender on Central Bank intervention.
The biggest losers … again .., are European stocks. The German DAX is down again (this time 2%) following losses last week. But the rest of Europe is down as well.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ September 12, 2016.