Taper speculation maintains upward pressure on Treasuries

Source: Bloomberg
The U.S. 10-year government bond yields advanced 0.02% to 2.77% at 6:46 a.m. in London, amid speculation the Federal Reserve will most likely taper its monetary stimulus next month, after Fed President James Bullard stressed last week that quantitative easing taper will be discussed on December's meeting, and is likely to be reduced on strong jobs data.

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