U.S. government bond yields are on the rise early Monday in the first full trade week in October after rates registered the largest daily declines in months...
U.S. government bond yields were on the rise Monday morning in the first full trade week in October, after rates registered the largest daily declines in months to end last week, despite data showing that U.S. inflation rose again in August and stayed at a 30-year high.
Economists surveyed by Econoday estimate on average that factory orders rose 1%, compared with a 0.4% rise in the previous month. Meanwhile, investors continue to eye developments with highly indebted Chinese property development company Evergrande 6666, +2.40% for any possible signs of spillover into other parts of the debt and equity markets globally.
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