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Reuters

Reuters

Morning Bid: US confidence wobble weighs, China buoyed

Reuters
Summary
Nutrition label

77% Informative

Two-year Treasury yields are within a whisker of 3.5% for the first time in two years .

The Conference Board's latest consumer survey revealed the biggest drop in confidence in three years in September amid mounting fears over the labor market.

The share of households viewing jobs as "plentiful" dropped to the lowest since March 2021 .

China follows Tuesday 's monetary easing blitz of mortgage rate cuts and stock buying incentives with a hefty 30bps cut to its medium-term loan rate.

VR Score

89

Informative language

96

Neutral language

34

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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