Treasuries fall as output prospects fuel tapering speculation

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Source: Bloomberg
© Scanpix\Reuters
Treasury yields recovered from the lowest level in a week ahead of data that may indicate industrial output advanced, boosting speculation the U.S. economy has grew enough to start tapering stimulus. The benchmark 10-year note yield gained to 2.55% and the 1.75% bond expiring in May 2023 decreased to 93 2/32. The 30-year bond yield jumped to 3.60%. 
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Tue, 16 Jul 2013 08:30:13 GMT

Sterling appreciates against greenback

The British currency gained versus the greenback ahead of the consumer- and producer price report that is expected to show a rise at faster pace in June, according to economists. The Sterling added 0.2% to $1.5133 as of 7:30 a.m. London time after slipping to $1.4814 on last Monday, the weakest since June 2010. The Pound was at 86.46 pence

Tue, 16 Jul 2013 08:08:09 GMT

Japanese Yen falls against U.S. Dollar

The Japanese Yen extended two-day decline versus the greenback ahead of the central bank statements that may signal prolonged monetary stimulus programme in Japan, while U.S. might start tapering this year. The Japan's currency was at 99.76 per Dollar at 6:40 a.m. London time from 99.86 on Monday, while it traded at 130.54 per Euro from day earlier, when it

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