Bonds
Treasuries are lower with the curve steeper in early U.S. trading as front-end yields remain anchored. Risk appetite stirred during Asia session and European morning, lifting S&P 500 futures, as investors eyed potential for agreement in stimulus talks today.
Economy
U.S. new home starts increased in September on a sharp gain in single-family house construction while building permits climbed, indicating residential building had plenty of momentum at the end of the third quarter.
World
There's a downside to automation. Worldwide, we estimate that 800 million people work in sectors where advances in technology place a significant share of jobs at risk. At a country level, the Gulf Cooperation Council, the Czech Republic, Slovakia and Japan are most exposed to disruption from automation.