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

Construction Spending Data - August construction spending increased by 02% [1] - July construction spending was revised upwards to 02% [1] - These two months represent the best construction spending readings of the year, equalling August of the previous year [2] - To find a higher construction spending number, one must go back to May of the previous year [2] Market Reaction - The 10-year yield is down two basis points [2] - The 2-year yield is virtually unchanged [3] Data Release - Government data is being released after a period of delay [1][2] - The market anticipates the release of jobs and claims data on Thursday [2]