U.S. Labor Department reports website issues ahead of jobs data release
Investing.com -- Long-dated bond yields in Britain and France reached their highest levels in over a decade on Tuesday as investor concerns about global government finances intensified, while gold prices climbed to a new record high.
The British 30-year bond yield increased nearly 6 basis points to 5.697%, marking its highest level since 1998. Similarly, France’s 30-year bond yield rose by about the same amount to 4.513%, reaching its highest point since 2009.
Markets experienced what analysts described as a sharp "back-to-school shock" on Tuesday. Adding to the market turbulence, the Japanese yen fell after a close aide to Prime Minister Shigeru Ishiba announced his resignation.
Investors are now turning their attention to upcoming U.S. business activity data expected later Tuesday, which will be the first in a series of important economic reports scheduled for release this week.
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