For the commute home,
– A new toy for Bill Gross: the UltraShort 20 Yr Treasury ETF (TBT) performance simulator.
– Primary materials on secondary markets from today’s House hearing.
– David Brooks writes a column about structural unemployment.
– Martin Wolf’s column in tomorrow’s FT.
– Why the Greek bailout has worked.
– Muni bond ETFs rebound.
– Bank backstops for munis.
– The first systemic margin call of the commodities crisis.
– China’s currency and trade balance, charted.