Fri, 17 Aug 2012 15:50:55 GMT
Treasuries jumped on economic data
The
U.S. treasuries jumped on Thursday, pushing 10- year note yields lower by 1.43%
to 1.79%. The two-year notes erased 1 basis point to 0.28%. Initial jobless
claims in the U.S. rose slightly to 366 thousand in the week ended August 11. In
the property market, the number of new residential buildings declined by 1.1
per cent in July to 746,000 units.