Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic product […] The post Japan Second-Quarter GDP Revision Sparks Recession Fears appeared first on CCN.com [Read More...]
Treasury Yields Surge With Stocks After China Hoodwinks Investors
U.S. government debt yields rose along with stocks Thursday after China’s Commerce Ministry confirmed that in-person trade talks with Washington would resume in October. Investors clearly took China’s bait, setting the stock market up for a potentially disappointing start to the fourth quarter. Treasury Yields Rise as Stock Market Soars Demand for government-backed Treasurys weakened […] The post Treasury Yields Surge With Stocks After China Hoodwinks Investors appeared first on CCN Markets [Read More...]