- The Treasury Department sold $10 billion in 5-year Treasury Inflation Protected Securities on Monday at a yield of negative -0.55%, the first time the yield on the maturity has come in below zero.
- Czarnikow expects Sugar consumption to rise 50% over next 20 years
- The National Association of Realtors said US existing home sales rose 10% to a seasonally adjusted annual rate of 4.53 million, from a downwardly revised 4.12 million in August.
- (Telegraph) In an article published in Angelaki: Journal of the Theoretical Humanities, Dr Crosthwaite says that the willingness of banks to deal in subprime loans and related derivatives, which were bound to result in disastrous losses, can only be understood if the bankers unconsciously desired the destruction of their own institutions.. Dr Crosthwaite argues that such catastrophic losses can be sources of masochistic pleasure for those who experience them.
- Chinese imports of Australian ore reached 26 million tonnes in September, up 34 % MoM.
- U.S. scientists said Monday that large amounts of oil have accumulated on the Gulf of Mexico seafloor, contradicting earlier statements by federal officials that the oil leaking from BP's damaged underwater well had largely gone.
- MoM Industrial new orders in the euro zone rose by 5.3% in August
- WTO says U.S. ban on China poultry products illegal
- (Bloomberg) -- Thailand’s government halted sales of rice from state stockpiles because of concern that floods will damage crops and reduce production of the grain
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