Currency: Peace and safety in the currency markets

Stagnation is the best word to describe the international currency markets Thursday. Investors enjoy themselves in their shelter from the news from both debt crisis as well as the macroeconomic front. But it is only a matter of time, according to analysts.

Bonds: Europe in small side steps

European bond yields Thursday painted a picture of a somewhat indecisive market after a number of key areas such as European consumer confidence and U.S. business outlook index from Philadelphia Fed more or less equalized Wednesday’s fluctuations.