China's `Double-Digit Growth' Days Over, ADB Says

July 17 (Bloomberg) -- Joseph Zveglich, assistant chief economist at the Asian Development Bank, talks about the outlook for the region's economies including China. Growth in developing Asia will be weaker than initially estimated this year and next amid a slower expansion in China and lackluster export demand from advanced nations, the ADB said in a report yesterday. Zveglich speaks from Tokyo with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Searching the Bond Market For Clues on Rates
11:39 - Sovereign bonds surged, sending the Japanese benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt. Treasury yields dropped to a one-year low in the rush to refuge from a worldwide stock rout. Traders pared the odds the Federal Reserve will raise interest rates this year to 30 percent, before Chair Janet Yellen begins her two-day testimony to Congress on Wednesday. BNP Paribas Senior Investment Strategist Daniel Morris. joined “On the Move” host Jonathan Ferro to discuss.
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