News and Opinion, sponsored by RaboPlus

Bernard Hickey details the key news overnight in 90 seconds at 9am in association with ASB, including news that worries about the US economy are encouraging many US investors to play it safe and invest in US government bonds. That is pushing down US government bond yields and means there is strong demand in recent auctions for US Treasuries, Bloomberg reported.

Meanwhile in the UK, the Times reported Lloyds Banking Group is expected to post a 13 billion pound loss, partly due to losses in New Zealand from Bank of Scotland International. Across the Tasman, the dispute between Rio Tinto and the Chinese govt is threatening to turn ugly as the Australian government is pressured to call directly for China to release detailed executive Stephen Hu, the SMH reported.

Tags: 90 at 9

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