Treasuries jump on speculation Fed won't cut stimulus

Source: Bloomberg
© Scanpix\Reuters
Treasuries advanced for the second day on speculation the Federal Reserve won't start the tapering of monetary stimulus soon, after Richmond Fed President Jeffrey Lacker announce that the central back is far from reducing its balance sheet. The 10-year bond yield fell six basis points to 2.48% and the 1.75% bond maturing in May 2023 added 15/32 to 93 21/32.
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Thu, 27 Jun 2013 16:01:19 GMT

Crude climbs for fourth day after U.S. Jobless claims fall

West Texas Intermediate advanced to the highest level in one week after less Americans filed unemployment benefit claims last week and consumer spending recovered in May. The August WTI contract climbed 0.5% to $95.97 per barrel and Brent for August delivery inched up 0.5% to $102.20 per barrel.

Thu, 27 Jun 2013 15:39:16 GMT

Asian shares heading towards biggest rise since September amid Fed speculation

Asian shares advanced, sending the regional benchmark index towards the largest rise since September, after slower-than-expected U.S. economic expansion fueled speculation the Federal Reserve may refrain from tapering stimulus. The MSCI Asia Pacific Index jumped 1.8% to 128.52. Japanese Topix index added 2.8% and the benchmark Nikkei 225 Stock Average gained 3%.

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