Treasury 10-year rate hits two-week low amid economic slowdown

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Source: Bloomberg
Treasury 10-year rate slipped to a two-week low after the outlook for weaker global economic growth and controlled U.S. inflation fuelled demand for U.S. government notes. The 10-year yield fell 0.02 percentage point to 1.63%, the least since Aug. 13. The 1.625% note maturing in August 2022 rose 5/32 to 99 29/32.
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Tue, 28 Aug 2012 18:17:07 GMT

U.S. consumer sentiment falls in August

U.S. consumer confidence posted a significant decline in August, the Conference Board said on Tuesday, with the consumer sentiment index tumbling to the weakest level since the end of 2011. The index slid to 60.6, compared to 65.4 in July, while economists forecast a less steep decline.

Tue, 28 Aug 2012 17:55:08 GMT

Swiss stocks decrease

Swiss stocks tumbled, after SMI's two-day rally, after Japan reduced its economic assessment for the first time in 10 months. On Tuesday, the Swiss Market Index declined 0.7% to 6,443.70. The measure has still surged from the year's weakest level on June 4. The Swiss Performance Index slipped 0.7%.

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