The Daily Blog
    09.19.14
    Quick Read:

    “Sovereign bond yields have edged further down and equity prices have generally risen,” wrote the IMF. “Sentiment toward emerging markets has improved [and] …implied volatility measures fell to the very low levels prevailing before the May 2013 tapering remarks. This raises concerns that excessive risk taking may be building up, which could sharply reverse in the run-up to U.S. rate hikes or should geopolitical events trigger higher risk aversion.”

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