U.S. consumer sentiment falls in August

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Source: RTTNews
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.
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Tue, 28 Aug 2012 18:28:08 GMT

U.S. home prices surge unexpectedly in June

Home prices in biggest U.S. metropolitan areas posted a year-on-year growth rate in June, Standard & Poor's reported on Tuesday. The 20-city Composite Home Price Index advanced 0.5% on year in June, while analysts estimated the index to fall by about 0.3%. The index rose seasonally-adjusted 0.9% on month, after a 1.0% increase in May.

Tue, 28 Aug 2012 18:06:07 GMT

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

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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