Daily Three: A Rare Oil Move, Lower Yields and Manufacturing Jobs in Context
The price of oil rising 50% within a month is a rare event. MarketWatch
The yield on a 10-year Japanese Government Bond fell to a record low -0.135%. Bloomberg
The U.S. economy has added 890,000 manufacturing jobs over the past six years. While this is a steady climb from an all time low, there are still five million less manufacturing jobs in the U.S. than at the beginning of the millennium.