$90 Oil, 4.80% Tens, and a Failed August Breakout

Global sovereign yields have been getting more and more attention (not just the U.S. or Japan) in recent days, as a number hit multi-decade highs. A Bloomberg measure of sovereign global yields hit an 18 year high (2008), Bloomberg Global Agg Treasuries TR Unh. USD And weighed on index futures overnight, ahead of the open….