Treasuries drop ahead of data on durable goods, home prices

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Source: Bloomberg
Treasuries declined, cutting a two-day increase, ahead of a report that is expected to indicate an advance in big-ticket item orders other than transportation equipment. The U.S. 10-year bond yield jumped to 2.83% and the 2.5% security maturing in August 2023 dropped to 97 5/32. U.S. is set to auction two-, five- and seven-year bonds total worth of $98 billion this week.
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Mon, 26 Aug 2013 08:06:19 GMT

Euro steady following limited U.S. home sales

The 17-nation currency traded steady versus the U.S. Dollar, fluctuating around $1.3880, after the Euro jumped from $1.3330 in the last session on disappointing U.S. home sales report. The common currency remained flat at $1.3366 against the U.S. Dollar, while fluctuating around Friday's close against the Sterling, buying at  0.8587.

Mon, 26 Aug 2013 08:28:03 GMT

Euro block economic sentiment seen up at 17-month high

Economic sentiment in the Euro block probably advanced to the highest point in 17 months this month, adding to case that Euro area's recovery is improving from a record-long recession. The economic confidence index increased from 92.5 last month to 93.8 in August, while unemployment rate probably remained at a record high of 12.1 % in July.

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