Lower debt yields should drive confidence

- "Firms have taken advantage of falling corporate bond yields and investor demand to issue new debt; this should support equities and global business confidence"
- "The improvement in financial conditions should help the Fed to proceed with a steady policy on September 21"
- "Political developments are likely to be significant during the next few weeks as EU countries complete their 2011 budgets, and with the focus on US mid-term elections and the forthcoming DPJ President election in Japan"
- "With the contribution of net exports to GDP growth swinging back again in China's favour, FX-related tensions could re-emerge"

Barclays Global Economics Weekly 20100910

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