NY Fed explains the latest WEI decline to 1.18% from 1.64% the week prior "is due to falls in retail sales, consumer confidence, and railroad traffic, and a rise in initial unemployment insurance claims, which more than offset increases in steel production, tax withholding, electricity output, and fuel sales."
NY Federal Reserve/MNI
Find more articles and bullets on these widgets:
Investment-grade corporate credit risk held lower levels at midday, near session lows as stocks, lead by mining shares, traded strong.
Tuesday's Europe rates / bond options flow included: