Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Treasury yields steady after brushing aside fall from US CPI data yesterday
10-year Treasury yields seen at 1.35% in European trading today
Treasury yields dipped after the yesterday, with 10-year yields falling to a low near 1.30% before bouncing back slightly and is recovering further to 1.35% today.
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