Good morning. Not that I think you have missed it, but did you guys see the move in the US mortgage rates….?
http://www.bespokeinvest.com/thinkbig/2013/6/11/more-on-the-spike-in-mortgage-rates.html

And did you know that inflation linked bonds have a positive yield again…?

http://www.crossingwallstreet.com/archives/2013/06/10-year-tips-yield-is-finally-positive.html

And did you see the outflow in bond funds last week…. Is this a bear market, perhaps…?

http://qz.com/93212/people-are-now-running-from-bonds-running/

Ah well, and while we are on the subject of bonds, this one is interesting as well: High Yield to Treasury correlation

http://soberlook.com/2013/06/high-yield-bonds-to-treasuries.html

Martin Wolf from the FT on overstated danger of inflation
http://www.ft.com/intl/cms/s/0/e779acb2-d1de-11e2-b17e-00144feab7de.html

The stock markets seem to move in tandem with the yen these days…. The longer term track-record is less impressive though

http://www.bespokeinvest.com/thinkbig/2013/6/11/sp-500-vs-japanese-yen.html

A number of charts on the European labour market…

http://www.economonitor.com/rebeccawilder/2013/06/10/unhealthy-developments-across-the-euro-area-labour-market/

The ongoing conflict in Syria put into perspective of Iraq 5 years ago…

http://www.economist.com/blogs/graphicdetail/2013/06/daily-chart-4

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