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Venture Capital Takes A Turn Up
1Venture capital firms invested $4.3 bil in Q2, up 7.5% from Q1. That's the first sequential gain in two years. It coincides with improving conditions for IPOs, the preferred exit vehicle for cashing out investments. The venture capital industry is seen as a lagging economic indicator. But it also funds technologies that drive innovation and markets. More on this page
Treasury Yields At 11-Month High
2Treasuries continued their rapid slide in the face of bond-bearish news. The 10-year yield rose 11 basis points to 4.30%, the highest close since Aug. 8. The government plans to issue massive debt to finance the …