Links 18 June 2013

Global Macro/Markets:

• Economists Blame Fed for Higher Bond Yields – Wall Street Journal
• Many economists see Fed cutting bond buying by fall – USA Today
• Finance sector sees lowest risk of turmoil since 2008 – central bank survey – Reuters

North America:

• What the bond market is telling the Fed – Financial Times
• Hungarian Central Banker Warns on Fed Moves – Wall Street Journal

Europe:

• German wage rises, exports offer hope for euro zone – Reuters
• Investors Seek Shelter in the Euro – Wall Street Journal
• Bond market nerves threaten to end Europe’s calm – Financial Times

Asia:

• China’s sovereign wealth fund buys 64.6 million shares of China’s Big Four bank stocks to prop up market – Reuters
• Fidelity’s Anthony Bolton ‘disappointed’ with China record – Financial Times
• Faltering Economy in China Dims Job Prospects for Graduates – New York Times
• Smog causes spread of “Beijing Cough” – chinadialogue.net
• Lessons From Japan in Stemming a Crisis – New York Times
• ‘Abenomics’ and the wild pursuit of inflation for inflation’s sake – japantimes.co.jp
• Hundreds of thousands of dead fish float to the surface of two Chinese rivers – Quartz
• Japan’s national debt and the management of national assets – eastasiaforum.org
• China Vows Fresh Measures to Fight Air Pollution – Wall Street Journal
• Abenomics Won’t Work With Japan’s Debt – Quartz

Local:

• Gaining a global gas advantage – Business Spectator
• Pressure on ASIC over CBA fraud – The SMH
• The importance of Rudd. Tim Colebatch

Other

• Full employment is still low unemployment and zero underemployment – Bill Mitchell
• Struggling in Auckland’s housing boom – TV NZ