Treasuries head for weekly loss amid less stimulus

Source: Bloomberg
U.S. Treasuries were set to record a weekly loss as the President of the Philadelphia Federal Reserve Charles Plosser said that the central bank should change its loosen monetary policy and reduce bond purchases in next few months. U.S. benchmark 10-year yield was little changed at 1.79% at 7:08 a.m. London time and the price of the bonds were at 101 29/32.

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Fri, 12 Apr 2013 10:02:04 GMT

German 10-year yields set for weekly drop

German government bunds were little changed on Friday with the benchmark 10-year yield heading for its weekly drop before a report showed that industrial output in the Eurozone increased in February. 10-year rate was at 1.30% at 7:09 a.m. in London after the yield increased to 1.33% yesterday, the highest level since March 27.

Fri, 12 Apr 2013 09:40:04 GMT

European stock futures fall before Dublin meeting

European shares declined on Friday ending a four-day rally for the benchmark Stoxx Europe 600 Index before the U.S. retail sales report showed steady level of sales and as Eurozone's finance ministers meeting in Dublin. The Euro Stoxx 50 Index futures declined 0.5% to 2,603 earlier on Friday London session, however the Stoxx 600 has advanced 5.5% this year.

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