Crude slide amid concerns about U.S. economic recovery

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Source: Bloomberg
© Scanpix/RS
Crude decreased on Thursday trading session falling for the third day so far this week amid concerns that the first partial U.S. government shutdown in 17 years will slow down the economic recovery of the country. Brent crude for delivery in November declined 12 cents to $109.07 a barrel on the ICE Futures Europe Exchange, while WTI dropped 81 cents to $103.29 a barrel on the NYMEX.

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Thu, 03 Oct 2013 16:02:08 GMT

Treasuries rose as U.S. lawmakers did not agree on new budget

The U.S. Treasuries advanced on Thursday with the benchmark 10-year yields were traded at the highest level in almost seven weeks as Barack Obama failed to come to an agreement with lawmakers on budget impasse and as service sector in the country slipped. The benchmark 10-year bonds yielded at 2.61% as of 10:22 a.m. New York time.

Thu, 03 Oct 2013 15:29:05 GMT

U.K. bonds dropped after purchasing PMI of services

U.K. government securities dropped the third day after the rise of purchasing managers index, bolstering the view of power in U.K. economy and trimming demand for haven assets. The 2.25 percent bond with maturity till September 2023 declined 0.21 to 95.78, but the 10-year gilt yield rose three points and now it is on the level of 2.74%.

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