Rates inched high yesterday following the release of the Fed minutes. No new information was released from Ben & Co, claiming reduction of asset purchases will remain dependent on economic data that supports economic recovery. That means, the volatility surrounding every economic news release will remain until at least September. Chinese and euro-area manufacturing expanded in August reports showed, adding to the evidence of a global recovery. This could have also undermined the demand for government debt. It’s another Jobless Thursday, let’s see what direction this swings us this week.
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