While you were sleeping Data points to US expansion

Tue, 05 Nov 2013

By Margreet Dietz Nov. 6 (BusinessDesk) - US Treasuries fell amid signs of better-than-expected growth in the American services sector last month, ahead of key reports on economic growth and employment. Reports on the latest GDP and jobs data, due on Thursday and Friday respectively, are a key focus this week to gauge the odds that the US Federal Reserve might start easing its pace of bond buying. The Institute for Supply Management’s non-manufacturing, or services, index increased more than expected to 55.4 in October, from 54.4 in Septemb...

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