European bonds climbs on stimulus speculation

Source: Bloomberg
© Scanpix/AP
European bonds advanced for a third straight day as Fed Chairman Bernanke's speech boosted speculation that that central banks around the globe will continue stimulus. Germany's ten-year bond yield declined two basis points to 1.52% as of 2:07 p.m. in London. Return on 10-year Dutch bonds decreased three basis point to 1.95%.
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Thu, 18 Jul 2013 15:52:10 GMT

Treasuries drop amid speculation of stimulus tapering

Treasuries declined for the first time this week after reports on regional manufacturing and jobless claims indicated that the U.S. economy is gaining strength. The data boosts speculation that the Federal Reserves could slow down asset purchases. Yield on 10-year treasury gained three basis points to 2.52% at 10:51 a.m. in New York.

Thu, 18 Jul 2013 14:56:05 GMT

WTI rises to almost one-week high as U.S. inventories shrink

West Texas Intermediate crude traded almost at one-week high after U.S. crude supplies decreased to the lowest since January. Crude inventories fell 6.9 million barrels to 367 million which is the third weakly decline. WTI for August settlement stepped up 27 cents to $106.75 a barrel as of 1:53 p.m. on the New York Mercantile Exchange.

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