German import prices jump in August

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Source: RTTNews
German import price inflation accelerated more than forecast in August, the Federal Statistical Office said on Thursday. Import prices surged 3.2% on year, compared to a 1.2% rise in June. The annual increase was the fastest since February and outperformed economists' estimate of 2.7% climb. Export prices rose 1.8% on year from 1.4% in the previous month.
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Thu, 27 Sep 2012 13:16:30 GMT

Treasuries pare gains on China stimulus speculation

Treasuries declined on Thursday, paring an almost four-year longest rally, as belief the Chinese government will create further stimulus to boost its economy decreased demand for haven assets. The 10-year yield advanced two basis points to 1.63%. The 1.625 note maturing in August 2022 lost 6/32 to 99 30/32. The U.S. Treasury will sell $29 billion of seven-year bonds during

Thu, 27 Sep 2012 12:54:28 GMT

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