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3 Numbers to Watch: US durable goods, US Dallas Fed Mfg., US 10yr
Monday is a slow day for scheduled economic releases around the world, which is all the more reason why the market will focus on interest rates—the 10-year Treasury yield in particular—for clues on when the Federal Reserve will begin winding down its bond-buying program. Meanwhile, US updates on new orders for durable goods and the latest read on the Dallas Fed Manufacturing Index will provide fresh context for evaluating the macro trend. US 10-Year Yield: The subject of interest rates, and what the changes imply for the economy, will remain a dominant theme this week. Indeed, last week’s news that new home ... (full story)
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