The capital markets have clearly had a bumpy year, but given the robust pace of activity over the last few years, coupled with more recent global economic and political uncertainty in 2016, a slowdown is not all that surprising. In fact, the global uncertainty, amplified by the downturn in China's economy (and its currency devaluation) as well as the recent Brexit vote, has not only driven down U.S. Treasury yields to record lows, but has also set the stage for an additional surge of foreign capital into U.S. as global investors search for stability and a safe haven.
Source : Cushman & Wakefield