Long-term Treasury yields slip further after ISM data

Yields on U.S. government debt slipped even further Wednesday morning after October data showed manufacturing activity contracting again.

What’s happening

What’s driving markets

In data released on Wednesday, the Institute for Supply Management’s index of manufacturing activity fell last month to its lowest level since July. Meanwhile, payroll processor ADP reported that 113,000 new private-sector jobs were created in October, below the 130,000 increase expected by economists polled by The Wall Street Journal….