August construction spending +0.2% vs. -0.2% estimated

Group 1 - Government data on construction spending for August shows an increase of 0.2%, marking it as one of the best readings of the year [1][2] - The July construction spending figure was revised upward from -1.1% to +2.1%, indicating a positive trend in construction activity [1] - The current August figure is the highest since May of the previous year, reflecting a significant recovery in the sector [2] Group 2 - The yield on the 10-year Treasury note has decreased by two basis points, currently at 4.13% [2] - The yield on the 2-year Treasury note remains virtually unchanged, indicating stability in short-term interest rates [3]