German bonds drop before manufacturing and service data

Source: Bloomberg
German government bunds increased on Monday gaining for the second successive session before a government report showed that manufacturing and service sector in the 17-nation bloc accelerated for the sixth straight month in December. Germany's benchmark 10-year bunds yielded two basis points lower at 1.81% as of 7:19 a.m. in London, the least since December 5.

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Mon, 16 Dec 2013 12:47:05 GMT

Dollar declines ahead of Fed meeting

The U.S. Dollar fell versus the 17-nation currency and the Japanese Yen as the investors speculated on U.S. data to forecast when the Fed will start tapering its monetary stimulus programme. The greenback slid 0.2% to 103.03 Yen at 10:14 a.m. in London, after reaching 103.92 Yen on December 13. The U.S. Dollar slipped 0.2% to $1.3765 per Euro, while

Mon, 16 Dec 2013 11:36:05 GMT

Treasuries gain as demand rises after China's factory report

U.S Treasuries advanced on Monday rising for the second successive day after a government report in China showed that factory output in the country accelerated at a slower pace than forecast spurring a demand for safe-haven bonds. The U.S. benchmark 10-year yield slipped 2 basis points traded at 2.84% by 3:42 Tokyo time.

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