U.S. bonds fell as jobless benefit claims down to 5-year low

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Source: Bloomberg
© Scanpix/FP
Treasuries dropped as less Americans applied for unemployment insurance last week. Reports showed that the number of claims is at the lowest level since 2008. Expectation of tomorrow's reports showing improving manufacturing sector is an additional factor for 10-year treasury yields gaining five basis points to 2.62% as of 8:35 a.m. in New York.
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Thu, 01 Aug 2013 14:43:04 GMT

German bonds jump amid ECB unchanged interest rates

German government bunds advanced, with 10-year yields falling the most in about three weeks, as the European Central Bank President Mario Draghi announced interest rates will stay unchanged. German benchmark 10-year bond yield dropped five basis points to 1.62% and the 1.5% note expiring in May 2023 inched up to 98.9.

Thu, 01 Aug 2013 14:21:05 GMT

Euro lower following ECB decision; Draghi awaited

The common currency remained lower versus the greenback as the European Central Bank decided to maintain the key interest rate unchanged, while investors expect the ECB Governor Mario Draghi's press conference. The Euro declined 0.44% to $1.3242 against the Dollar, adding to signs the Euro fell from the strongest level in one and a half months.

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