U.S. 10-year bond yields rise before first of three auctions

Source: Bloomberg

U.S. Treasuries fell on Tuesday pushing the benchmark 10-year yields close to its highest level in eleven months before the nation is ready to sell two-year notes of a total value of $35 billion today in the first of three auctions this week totalling $99 billion. 10-year yields added 0.01 percentage point to 1.94% earlier on Tuesday in New York.


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Tue, 26 Mar 2013 15:03:16 GMT

Gold falls for third day as Cyprus deal curbs demand

Gold futures traded in London decreased for the third straight day on Tuesday amid speculations that the new Cyprus bailout plan will curb the demand for the metal as a wealth protection. March gold futures dropped 0.5% to $1,596.43 earlier on Tuesday in London, while gold for delivery in June slipped 0.6% to $1,597.30 on New York's Comex.

Tue, 26 Mar 2013 14:41:10 GMT

Copper rises before U.S. data on Tuesday

Copper traded in London increased on Tuesday on speculations that U.S. manufacturing sector is improving before a report showed that the nation's durable goods orders rose by 3.9% in February recording its highest level in five months. Copper for March delivery advanced 0.2% to $7,635 a metric ton earlier on Tuesday London session.

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