U.K. stocks are little changed traded close 5 ½ -year high

Source: Bloomberg
© Sccanpix/RS
U.K. shares fluctuated on Monday reversing gains recorded earlier after the regional benchmark index FTSE 100 increased to its strongest level in more than 5 ½ years last week. The FTSE 100 decreased by 0.26 point to 6,722.8 as of 11:16 a.m. London time, while the broader FTSE All-Share Index stayed unchanged and Irish ISEQ Index advanced by 1.4%.

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Mon, 20 May 2013 12:44:04 GMT

Treasuries fall amid favourable economic data

U.S. Treasuries declined on Monday pushing the benchmark 10-year yields towards the highest level in a two-month period on speculation that Federal Reserve may begin reducing its bond purchases amid favourable economic data. 10-year bonds yielded at 1.98% as of 6:08 a.m. in New York after they rose five basis points last week to 1.98%, the highest level since March

Mon, 20 May 2013 12:09:03 GMT

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