Treasuries little changed before Bernanke speech in Congress

Source: Bloomberg
© Scanpix/RS
U.S. Treasuries fluctuated on Wednesday and were traded near the weakest level in five years amid speculations that the Federal Reserve may sustain its stimulus program after yesterday's speech of the Fed's Chairman Ben Bernanke. The benchmark 10-year yields were traded at 1.93% as of 6:45 a.m. London time after the rates declined by 0.04% yesterday.

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Wed, 22 May 2013 08:32:05 GMT

Emerging-market stocks advance led by consumer discretionary companies

Emerging-market shares increased on Wednesday led by consumer discretionary companies as Hyundai Motor Co. and Kia Motors Corp. drove the sector and as the BoJ maintains its monetary program before Ben Bernanke's speech taking place in the U.S. Congress today. The MSCI Emerging Markets Index gained 0.2% to 1,050.26 as of 12:54 p.m. Singapore time.

Wed, 22 May 2013 08:10:05 GMT

German bunds little changed before auction

Government bonds of Germany were little changed on Wednesday after they lost 1% yesterday as the country prepares to sell debt due in May 2023 in auction totaling five billion euros, or $6.5 billion. German benchmark 10-year bund yields fell to 1.39% as of 7:14 a.m. in London after the rates climbed to 1.42% yesterday, the highest level since March

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