Yield on 3-year U.S. notes more than doubled since May

Source: Bloomberg
The yield on three-year U.S. government notes more than doubled from their level in May as investors speculate that the Fed might start unwinding its QE. The yield increased from 0.29% in May to 0.68% today before the $32 billion auction. The yield on 10-year Treasuries was little changed and stood at 2.63% after rising 24 basis points on July 5.
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Tue, 09 Jul 2013 14:54:04 GMT

Stocks in Asia and Europe rise after Alcoa's report

Stock prices rose around the world after Alcoa, starting U.S. earnings season, showed better-than-expected financial results in Q2. FTSEurofirst 300 index of European stocks dropped due to profit-taking after reaching the highest point in a month. Japanese Nikkei 225 gauge soared 2.6%, almost reaching 6-week high.

Tue, 09 Jul 2013 15:32:07 GMT

WTI crude rises before U.S. inventory data

WTI crude oil traded at almost highest price in fourteen months before a data release, which is expected to show that the U.S. crude oil supplies dropped for a second consecutive week. Crude inventories dropped 3.1 million barrels previous week, according to experts' predictions. Prices also increased due to deadly unrest in Egypt. WTI for delivery in August traded at

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