U.S. Treasury 10-Year Yield Forecasts Drop
Economists cut their forecasts for Treasury 10-year yields this year to the lowest level since Bloomberg began surveying for the projection, on concern U.S. politicians are struggling to avert the so-called fiscal cliff.
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Will BOJ Stimulus Work for Japan's Economy?
53:17 - Japanese Prime Minister Shinzo Abe announced plans for more than 28 trillion yen ($265 billion) in economic stimulus in an effort to prop up the economy, Kyodo News reported. Abe, speaking in the southern city of Fukuoka on Wednesday, said the measures would be compiled next week, Kyodo said. It must then be presented to the parliament, where approval is a formality because the ruling coalition has a majority in both houses. Tatton Investment Management CIO Lothar Mentel discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."