Markets today: U S stocks retreat on signs November rally is overdone bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A look at the day ahead in U.S. and global markets from Mike
Dolan
Subdued world markets were relieved at the ease with which
Monday s sale of U.S. Treasuries was absorbed, but firmer.
Britain s pound was holding
near its highest level in almost three months on Tuesday and
remains on track for its biggest monthly rise in a year against
the dollar as resilient data and a.
Subdued world markets were relieved at the ease with which Monday's sale of U.S. Treasuries was absorbed, but firmer oil prices ahead of the week's postponed OPEC+ meeting cut across any further decline in yields for now. Benchmark Treasury yields fell back more than 10 basis points to 4.37% after a total of $109 billion of 2 and 5-year notes hit the Street on Monday without much disruption. November consumer confidence data will also be released as investors assess the mood on the High Street and online from "Black Friday" and "Cyber Monday" retail activity.