Treasuries rise before Yellen faces confirmation hearing

Source: Bloomberg
U.S. Treasury bonds increased on Thursday with the 30-year securities gaining for the second straight day as traders weighed on Fed's bond-purchase program before a confirmation hearing of the new Federal Reserve Chairman Janet Yellen. The benchmark 10-year government bonds yielded at 2.72%, while the 30-year yields fell one basis point to 3.81%.

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Thu, 14 Nov 2013 13:10:09 GMT

Brazil's swap rates fall as economy contracts

Swap rates in Brazil decreased on Thursday falling for a third straight session after a government report showed that the country's economy surprisingly contracted in the month of September suggesting that central bakers may limit borrowing costs raises. 2015 Brazil swap rates declined fie basis points to 10.81% by 9:33 a.m. Sao Paulo time.

Thu, 14 Nov 2013 11:41:06 GMT

U.K. retail sales unexpectedly decline in October

Retail sales in the United Kingdom slumped 0.7% in October of this year on a monthly basis, rising annually 1.7%. Economists, in turn, predicted the retail sales to have no change in October with the annual gain of 3.1%. Food sales were down 0.1%, while fuel consumption dropped 2.1%. Experts point on bad weather conditions in the previous month that

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