June 11, 2018
Markets showed little reaction to trade friction at the weekend G7 and marked time ahead of tomorrow's summit between the U.S. and North Korea. The Dow posted a fractional gain to 25,322 as did the dollar index to 93.58. Gold held steady just over $1,300 while oil firmed slightly to over $66. The 10-year Treasury yield was little changed though the 2-year yield, in what shows no increased demand for safety, rose 3 basis points to 2.51 percent.