 Overseas, both international developed large-cap and emerging market stocks posted gains of 5% or better, improving economic growth in Europe. All that from low rates and strong corporate profit growth in Japan supported international developed large-cap stocks, while emerging market stocks were aided by measures from Chinese policymakers to support the nation's slumping property market. On the fixed income side, higher yields in the first half led to a 0.7% decline in U.S. investment-grade bonds,