Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook 
Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook 
J.P. Morgan Sees Major Upside for Prysmian as Optical Fiber Prices Surge 
Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300 
Gold Cracks $4,500: Iran-Fed Double Whammy Sends Bullion into Bearish Freefall Toward $4,000 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Bonds are again darling of investors as selloffs that battered global markets last Monday, seem to have resumed. Investors are running to the safety of fixed income dumping stocks.
US
- US 2 year yield after rallying yesterday, down over haven buying by -1.86%, trading at 0.72%.
- Similarly 5 year yield is down -3%, trading at 1.50%.
- 10 year yield is down -1.51%, trading at 2.18%
Germany -
German bonds are considered as European benchmark.
- German 2 year yield after rising yesterday, continued today. Up 4.43% and trading at -0.19%.
- On the contrary, German 10 year yield is down -2.13%, trading at 0.77%.
UK
- UK yields are consolidating. UK 2 year yield is down marginally -0.44%, trading at 0.68%.
- UK 5 year yield is down -0.86%, trading at 1.37%.
- UK 10 year yield is down -1%, trading at 1.942%.
With shorter end of the curve ahead of key counterparts, Dollar is likely to remain bid heading into September FOMC.
