November 25, 2015
The yield difference between 2- and 10-year Treasuries shrank to the narrowest since March as the world's biggest money managers say the market is ready for the first Federal Reserve interest-rate increase in almost a decade.
Purchases increased 0.1% for a second month. The median forecast of 74 economists in a Bloomberg survey called for a 0.3% advance. Income gains accelerated and the saving rate jumped to the highest level in almost three years.
China's economy is still showing a muted response to waves of monetary and fiscal easing as of the half-way mark for the last quarter of the year, some of the earliest indicators suggest.
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