Yield on 3-year U.S. notes more than doubled since May

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Source: Bloomberg
The yield on three-year U.S. government notes more than doubled from their level in May as investors speculate that the Fed might start unwinding its QE. The yield increased from 0.29% in May to 0.68% today before the $32 billion auction. The yield on 10-year Treasuries was little changed and stood at 2.63% after rising 24 basis points on July 5.
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Tue, 09 Jul 2013 14:54:04 GMT

Stocks in Asia and Europe rise after Alcoa's report

Stock prices rose around the world after Alcoa, starting U.S. earnings season, showed better-than-expected financial results in Q2. FTSEurofirst 300 index of European stocks dropped due to profit-taking after reaching the highest point in a month. Japanese Nikkei 225 gauge soared 2.6%, almost reaching 6-week high.

Tue, 09 Jul 2013 15:32:07 GMT

WTI crude rises before U.S. inventory data

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