Treasuries fall amid favourable economic data

Source: Bloomberg
© Scanpix/RS
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 15.

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Mon, 20 May 2013 13:09:05 GMT

Silver and gold fall on Monday

Silver declined on Monday falling to the weakest level since September 2010 pushing the gold-silver ratio to the highest level in almost 33 months, while gold continued to slide extending the slump to the longest in four years. Silver May futures slipped 8.6% to $20.3395 an ounce and were $21.5662 at 9:49 a.m. London time, while gold for delivery in

Mon, 20 May 2013 12:55:03 GMT

WTI falls amid Middle East conflict

West Texas Intermediate oil declined on Monday snapping its 3-day rally amid concerns that conflict in Middle East may worsen after the Syrian government forces began an offensive against rebels. WTI for settlement in June declined by 69 cents to $95.33 a barrel on the NYMEX and was traded at 95.47 a barrel as of 10:50 a.m. in London.

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