Yields continued to be a focus for traders throughout today’s session as they once again remained volatile. Shorter term US treasury rates jumped in the morning after S&P Global PMI data beat across the board, holding in expansion territory. All 3 components (Manufacturing, Services and Composite) increased when compared to September’s data, helping to reassure investors that the US economy is still growing. Despite a brief rise in rates, equity performance was strong after five consecutive day…
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