US November industrial production -0.1% vs +0.3% expected

• Prior was -0.3% (revised down to -0.4%)
• Capacity utilization 76.8% vs 77.3% expected
• Manufacturing output +0.2% vs +0.5% expected
• Prior output -0.5% (revised to -0.7%)

This is three months in a row of declining output.

The long end is picking up and has released the earlier selloff.

This article was written by Adam Button at www.forexlive.com.