The U.S. Treasury market, as beforehand noted, is undergoing extra curve-steepening amid selling on the longer-end. The 2-yr yield is down one foundation point to zero.14%, while the 10-yr yield is up seven foundation points to zero.76% for its highest degree since June. Conversely, New York-based mostly magnificence product company Coty (COTY 3.fifty one, -zero.33, -eight.70%) sits at the backside of the index after this morning’s tough Q4 report. Looking ahead, investors will receive the Personal Income and Spending report for July, the ultimate Univ. of Michigan Index of Consumer Sentiment for August, and Wholesale Inventories for July on Friday. Recapping the moves in the Treasury market, the 2-yr yield finished flat at zero...
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