U.S. stocks and Treasuries rose, as improving economic data offset concerns that the Federal Reserve will cut monetary stimulus as soon as next month. The euro strengthened after German business confidence climbed to the highest in more than 1 1/2 years.
U.S. stocks gained while Treasuries trimmed an earlier advance as the House voted to temporarily suspend the the federal debt limit. The yen climbed for a third day after the Bank of Japan deferred new monetary stimulus.
Treasury 10-year notes advanced, while commodities retreated and U.S. stocks fluctuated, after President Barack Obama held his ground about raising tax rates for the highest-income Americans. The dollar weakened.