Bond Yields Steady as Treasury Intervention Struggles to Convince

Treasury yields held close to flat after earlier retracing sharp falls that initially followed the Treasury's surprise bond market intervention.

Europe, Asia See Pickup in Business Activity Despite Headwinds

Surveys of purchasing managers recorded a pickup in activity in the eurozone, Japan and India during August, suggesting the global economy might avoid a further modest slowdown in the third quarter.

Japan Inflation Picks Up as Rate-Boost Bets Firm