U.S. 5-year yield declined the most since June before today's sale

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Source: Bloomberg
© Scanpix/AFP
The U.S. government five-year yield declined two basis points to 1.27% as of 11:47 am in New York, the weakest level since June, amid speculations Fed is likely to hold tapering its debt-purchase programme until next year, which will boost a demand for $35 billion securities sale. Meanwhile, the price for 1.375% security note maturing in September 2018 added 63 U.S. cents per $1,000 nominal value, to 100,46.
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Wed, 30 Oct 2013 07:04:05 GMT

U.S. business inventories grow matching forecast in August

Business inventories in the world's largest economy increased matching economists' projections in the month of August, the Commerce Department reported on Tuesday. According to the report, U.S. business inventories advanced 0.3% in August after the figure jumped 0.4% in the month before, while merchant wholesalers' inventories added 0.5% on the month.

Tue, 29 Oct 2013 14:50:05 GMT

Goldman: OPEC oil production to decline in 2013

According to the new outlook of Goldman Sachs, one of the largest U.S. banks, oil production in OPEC countries in 2013 will fall more than previously forecasted, as instability in Libya may cut supply. Goldman predicts the daily production to slump 760,000 barrels in 2013, while previously the bank waited for a 560,000 barrels decline. The announcement can positively influence

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