• The bond market may have come to an important turning point, which means the fourth quarter could be a time of higher interest rates.
Treasury yields, which move opposite price, found a few good reasons to move higher in the final days of the third quarter. The 10-year yield was at 2.33percent on Friday, after hitting 2.35 percent Thursday, its highest level since July. The 2-year was at 1.47 percent Friday, off from Thursday's 1.49 percent, a fresh nine year high.
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• Japan’s Nikkei share average rose on Monday, buoyed by Wall Street’s increases and upbeat domestic data, although caution towards an upcoming general election limited gains.
The Nikkei ended Monday 0.2 percent higher at 20,400.78.
Reference: Reuters, CNBC
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