Treasury yields reach highest level in 14 months amid fears of Fed slowing QE

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Source: Bloomberg
© Scanpix\Reuters
Treasury 10-year yields reached the highest level in 14 months on speculation the Fed will scale back its monetary stimulus after the report that is predicted to indicate that companies employed more people adds to signs the growth is continuing. The U.S. 10-year yields increased 0.01 percentage point to 2.13%. The 1.75% bond due in May 2023 dropped 2/32, or 63 cents per $1,000 par value, to 96 5/8. 
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Tue, 04 Jun 2013 14:45:22 GMT

U.S. Dollar rebounds versus Japanese Yen following steep sell-off

The U.S. Dollar rebounded from the weakest level in four weeks versus the Japan's currency on Tuesday, with the Japanese Yen declining amid the data that Japan's pension funds could raise foreign holdings. The greenback advanced 0.5% to 100.10 versus the Yen on the comments about Japanese pension funds.

Tue, 04 Jun 2013 12:42:00 GMT

Czech economic output decreases in Q1

Czech GDP contracted 1.1% in Q1 compared with the previous quarter, which was worse than expected 0.8% decrease. It was sixth straight quarter when Czech economic output shrunk, the longest recession since 1996, as European debt crisis decreased export demand and lead to less spending by businesses and households. Policy makers are considering an intervention to weaken the Koruna.

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