Treasuries rebound ahead of Q3 GDP Report

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Source: Bloomberg
© Scanpix/Reuters
Treasuries advance for the first time in three days amid belief a report on U.S. GDP will post the first back-to-back growth readings below 2% since the country was rebounding from recession in 2009. On Friday, the 10-year yields dropped 2 basis points to 1.80%. The price of the 1.625% security maturing in August 2022 soared 6/32 to 98 14/32.
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Fri, 26 Oct 2012 08:10:10 GMT

German GfK consumer climate rises in October

German consumer confidence increased despite pessimistic forecasts in October, the data showed on Friday. The GfK Institute's consumer climate index soared to 6.3 points for November, compared to an upwardly revised 6.1 points in the preceding month. It was a second consecutive advance for the indicator.The survey of about 2,000 people revealed income expectations rising noticeably, while consumers' willingness to

Fri, 26 Oct 2012 09:04:59 GMT

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