Treasuries advance amid jobless claims data

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Source: Bloomberg
Treasuries surged, moving 10-year rate to the weakest in more than a week after first-time claims for unemployment benefits  increased to the highest in one month, posting little rebound in the U.S. labor force. The 10-year yields fell to 1.67%, after reaching 1.66%, the least since Aug. 14. 30-year note yields slid to 2.78%.
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Thu, 23 Aug 2012 17:40:53 GMT

European stocks drop on Schaeuble talk

European stocks fell for a second day after German Finance Minister Wolfgang Schaeubble cut optimism Greece will have more time for meeting its debt obligations and after Spain's bond rates advanced. The Stoxx Europe 600 Index declined 0.5% to 268.04. Meanwhile, the equity benchmark climbed 14% from the year's lowest on June 4.

Thu, 23 Aug 2012 17:18:54 GMT

U.S. new home sales climb in July

U.S. new home sales surged more-than-expected in July, the Commerce Department said on Thursday. New home sales posted a 3.6% rise to a seasonally-adjusted annual rate of 372,000, from an upwardly-revised 359,000 in June. Economists expected an increase to 362,000.

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