Global bond yields rose on the expectation that central banks around the world have agreed to start removing accommodative measures. The yield on Germany's 10-year government bund (bond) has risen from a negative yield last year to a 0.58% in mid-July. The U.S. corporate bond market continues to provide funding for the mega merger deals in the equity markets. The issuance of such corporate debt at low rates is supported by the unparalleled demand for U.S. dollar denominated d

The lack of an increase in average hourly wages has led to many to work additional hours, if not multiple jobs. Workers' demand for higher wages has also translated into higher hours worked. More income is also needed for some to make ends meet, an indicator of tight circumstances for a portion of the working population. Data released by the U.S. Labor Department reveals that 20-24 year olds were the age group holding the most amount of multiple jobs, while 65+ year olds saw

A weakening dollar is expected to boost corporate earnings for U.S. multi-national companies as products sold overseas become less expensive and more competitive due to a cheaper dollar. Earnings for the banking sector reported in July came in better than expected as banks benefited from a rising rate environment. Profitability for banks tend to increase as rising rates allow them to charge higher interest rates on loans. It is expected that large technology companies may fac

Growing number of seniors are unable to retire, even past 70.