Spain witnesses fall in its borrowing costs

Source: RTTNews
On Thursday, Spanish borrowing costs decreased during an unscheduled auction, since investors were optimistic about debt markets. The Spanish treasury managed to sell 803 million euros of 16, 27 and 28-year bonds. The yields fell to 5.224%, 5.434% and 5.432% respectively. Bid-ask ratio was equal to 4.1.
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Thu, 14 Mar 2013 15:24:06 GMT

Eurozone employment declines

Eurostat reported on Thursday that unemployment in Eurozone continued to grow in the last quarter of 2012. The number of employed people declined by 0.3% on a seasonally adjusted basis and reached a level of 145.7 million in absolute terms. Year-over-year, employment fell by 0.8%, compared to a fall of 0.6% in the preceding quarter.

Fri, 15 Mar 2013 08:45:10 GMT

U.S. 10-year notes were little changed at 2.02% on Wednesday

U.S. Treasuries erased losses after an auction of 10-year note yields close to the highest level in an eleven-month period bolstering demand of $21 billion of the securities. The notes recorded a yield of 2.029 % compared to preliminary estimated 2.057%, while the benchmark 10-year notes yield was little changed at 2.02% following an increase to a 2.05% earlier on

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