Copper Moved Lower As Investors Worried About The Prospect Of A Recession

Copper trading range for the day is 432.9-439.9.

Copper moved lower as investors worried about the prospect of a recession in the United States, the world's biggest economy.

U.S. Treasury 10-year note yields dropped below three-month Treasury bill yields for the first time since 2007 after disappointing U.S. manufacturing data.

Copper stockpiles in ShFE warehouses fell slightly to 259,172 tonnes last week after a rapid build during a seasonal lull in demand.

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