Credit Matters: Milford Haven and the markets

Equity and credit indices have screamed back in, capital markets are back open and companies are making more money than expected. Yet, the yield on the two year Treasury hit a record low this week. Confused? Gary Jenkins is. Luckily for him, he’s heading off on holiday, armed with bucket and spade. If he digs deep enough down into the sand, he might unearth some clues as to where the economy is going.