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Major European indices are closing with solid gains. Traders in the UK returned from the weekend holiday and push the UK FTSE 100 to new record levels. Spain’s Ibex rises 1.5% followed closely by German DAX.
The final numbers are showing:
In the European debt market, benchmark 10 year yields moved lower:
As European/London traders put eggs, US stocks are marginally higher:
The small-cap Russell 2000 is also higher and leading the way with a gain of 16.97 points or 0.82% at 2077.66.
In the US debt market, yields are lower ahead of the coupon auctions starting with the three year note auction at 1 PM ET. Tomorrow the U.S. Treasury will auction off 10-year notes and on Thursday, they will auction off 30 year bonds.