Cranes Work to Right Cars of Derailed NYC Train

Dec. 2 (Bloomberg) -- Federal authorities began righting toppled rail cars today as they started their investigation into what caused a New York City commuter train to derail yesterday, killing four people and injuring more than 60 others. The locomotive of the Metro-North train was hoisted back onto the track at 4:20 a.m., and two cranes were in the process of lifting the tilted car that was connected to the locomotive later in the day, according to railroad officials. (Source: Bloomberg)
Bond Yields Rise to 2015 High as Index Futures Climb
57:28 - Global bond yields climbed to the highest levels this year as the selloff in sovereign debt spread to Asia. European stock-index futures rose, while Australia’s currency strengthened after the nation’s economic growth beat estimates. Laurence Mutkin, Global Head of G10 Interest Rate Strategy at BNP Paribas expands on this story with Mark Barton on “Countdown.”
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