By Chris Becker
An ebullient day in Asia translated to a solid session in Europe before the American markets came back to reality a bit as oil prices dragged energy stocks down. The fallout or can kick from the Greek debt extensions has lifted risk sentiment with most risk assets lifting including bonds, with the 10 year US Treasury yield approaching 2% as the 10 year Greek bond yield dipped back below 9%, falling 0.65% overnight and reversing most of its losses for the month.
In Asia yesterday the Nikkei 225 led the charge, up 0.75% and seemingly on its way up to 19,000 points:
