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China 10-yr yield nears 4% for first time since 2014

China's campaign excessive borrowing continues to boost the bond yields. The benchmark 10-year Chinese bond yield rose to 3.99 percent; the highest level since Oct. 2014.

Bond market sell-off gathered steam (yields spiked) in mid-October after the People’s Bank of China Governor Zhou Xiaochuan expressed concerns regarding high borrowing levels and signaled that growth could beat expectations.

China 10-year yield

Oil on the back foot, rally losing momentum?

Oil prices are losing altitude in Asia. As of writing, Brent oil is at $62.93 levels, down 23 cents or 0.38 percent on the day. WTI oil is at $56.60;
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CME CEO: Bitcoin futures could begin trading as soon as December

CME Group chairman and CEO Terry Duffy said in an interview with CNBC late-Monday, Bitcoin futures could be listed on the derivatives exchange as earl
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