Early Bonds: U.S. Treasuries modestly lower
China’s Caixin Manufacturing PMI returned into contractionary territory after expanding slightly for the past two months
Final July Manufacturing PMI readings from Germany, France, U.K., Spain, and Italy remained in contractionary territory.
On a somewhat related note, house prices in the U.K. fell at their fastest yr/yr pace in nearly 14 years in July.
Crude oil modest loss
U.S. Dollar DXY up 0.3% at 102.19.
Yields:
2-yr: +2 bps to 4.88%
3-yr: +2 bps to 4.54%
5-yr: +2 bps to 4.20%
10-yr: +3 bps to 3.99%
30-yr: +2 bps to 4.04%