Written by Treasury 30-year yields were near the lowest level in a week as investors sought longer maturities because they offer more yield than shorter ones. READ MORE »
Posts tagged Federal Reserve
US industrial output stutters amid winter storms
US industrial production inched up 0.1 percent in February, grinding to a near-halt amid severe snow storms that crippled large parts of the East Coast, Federal Reserve data showed Monday. READ MORE »
FOREX-US jobs gain boosts dollar, Greek worries linger
* US employment grows at fastest pace in 4 yrs, boosts dlr
* Euro rebounds; G7 finance officials discuss Greece
* Euro on track for biggest weekly loss since Oct 08
* Sterling hits 1-yr low on uncertainty after UK vote (Updates prices, adds comment, US data, changes byline, dateline) READ MORE »
TREASURIES-Prices slip as euro’s bounce damps safety bid
* Bond prices lower as euro bounce damps safety bid
* Subdued U.S. inflation index implies Fed to stay on hold
NEW YORK, – U.S. Treasuries prices slipped on Wednesday as a bounce in the euro reduced the appeal of safe-haven U.S. government debt. READ MORE »
Producer Prices in U.S. Decreased 0.3% in May on Fuel
Wholesale prices in the U.S. fell in May for the third time in the past four months, pulled down by lower costs for energy and food as European default concerns threatened to slow the global expansion. READ MORE »