Gold prolongs bearishness amid stimulus worries

Source: Marketwatch
© Scanpix\Reuters
Gold futures declined on Wednesday amid pressure over concerns that central banks will not provide more bond-buying stimulus into the worldwide financial system. The August gold contracts fell $1.50 to $1,375.50 an ounce. Gold futures have retreated about 18% this year after investors have been waiting for signals from Fed on scaling back stimulus.
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Wed, 12 Jun 2013 09:35:53 GMT

U.K. bonds flat after economists forecast jobless claims dropped

U.K. government gilts remained flat after decreasing for four days in a row, ahead of data economists predicted will indicated jobless claims in the U.K. slipped for the seventh month in May. Benchmark 10-year bond yields were at four-month high ahead of the U.K. auctions 2.25 billion pounds worth of notes maturing in 2023.

Wed, 12 Jun 2013 14:13:15 GMT

Treasuries steady ahead of $21 billion 10-year auction

Treasuries remained steady, after yesterday's largest jump in a week, ahead of the U.S. auctions $21 billion worth of 10-year securities today and $13 billion worth of 30-year notes tomorrow. Benchmark 10-year bonds yielded 2.2% and the price of 1.75% note due in May 2023 was at 96 1/32. Thirty-year bond yields advanced one basis point to 3.33%

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