China Manufacturing Data, Spain Deal Weigh On Bonds
Treasury prices slipped Monday after Spain sought help for its banks and data showed the pace of Chinese manufacturing quickened, damping demand for safe-haven U.S. debt. Market losses were limited, though, by bumpy debt talks between Greece and its lenders, worries about budget talks in Washington, and an Institute for Supply Management survey showing U.S. manufacturing contracted in November. "The thing to watch is employment, which was below 50
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