Equity Markets Derailed by Friday’s Global Selloff

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What looked like a decent week in the equity markets was derailed by Friday’s global selloff. Heightened concerns over a Greek default combined with news that China had tightened restrictions on margin lending to send investors in search of safe havens. The interest rate on the benchmark ten-year Treasury drifted lower over the week, while yield on ten-year German bunds set a series of all-time lows and settled at about 0.08%.

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