Treasuries rise on speculation Fed pushes back plans to trim stimulus

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Source: Bloomberg
© Scanpix/FP
U.S. Treasuries advanced on Wednesday rising for the second straight day with the benchmark 10-year yields falling to the lowest level in three months as the Federal Reserve maintains its stimulus program delaying the scale-back to 2014. U.S. 10-year yields dropped 2 basis points to 2.49% by 12:59 p.m. Tokyo time, the weakest level since July 23.

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Wed, 23 Oct 2013 09:22:04 GMT

Japan's securities rise as BOJ offers 800 billion yen of bonds

Japanese government bonds gained on Wednesday pushing the benchmark 10-year yields to the weakest level in five months as the Bank of Japan tries to maintain borrowing costs low offering bonds totaling 800 billion yen. The benchmark 10-year yield slipped one basis point to 0.605% by 11:15 a.m. Tokyo time, while the 5-year bonds yielded at 0.2%, the least since

Wed, 23 Oct 2013 09:00:20 GMT

Pound is little changed as budget deficit narrows and GDP rises

The British Sterling strengthened against the U.S. Dollar and weakened versus the shared currency after a government data showed the country's budget deficit narrowed in September and as the U.K. gross domestic product continued to increase in the Q3. The Pound added 0.5% to $1.6219 following a gain to $1.6228, the most since October 3, and it dropped 0.3% to

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