German bunds climb for fourth day ahead of Euro block inflation report

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Source: Bloomberg
German government bunds rallied, with 10-year notes advancing for the fourth day, ahead of the data on consumer-price inflation in the Euro block. Experts predict the report to show an increase in inflation rate.The yearly inflation rate inched up 1.4% from 1.2% in April. The 10-year German bond yield declined three basis points to 1.54%.The two-year security yield contracted to 0.13%.
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Fri, 14 Jun 2013 10:03:03 GMT

Dollar Index drops

The Dollar Index slipped to its four-month low on bets that the Fed will not increase lending rates. The Dollar Index, which is used to monitor changes of the U.S. Dollar versus six major U.S. trade partners, dropped 0.3% to 80.674 after touching the lowest point since February 19. The Fed officials' next meeting is scheduled on June 18-19.

Fri, 14 Jun 2013 10:05:26 GMT

U.S. shares climb amid economic data, stimulus speculation

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