Treasuries drop ahead of five-year auction today, GDP report tomorrow

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Source: Bloomberg
© Scanpix\Reuters
Treasuries declined, with five-year bonds snapping a three-day increase, ahead of the U.S. auctions $35 billion of the bonds today. The U.S. five-year bond yield advanced two basis points to 1.55% and the 1.375% security expiring in July 2018 retreated 3/32 to 99 7/32. The 10-year note yield gained to 2.73%.
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Wed, 28 Aug 2013 15:36:03 GMT

Emerging shares fall to seven-week low amid Syria as Rupee slips

Emerging-market shares decreased to the lowest level, driven by Turkey, Egypt and the Philippines,amid worries the U.S. plans to take military action against Syria. The Turkish and Indian currencies depreciated to record low levels. The MSCI Emerging Markets Index retreated 0.8% to 908.32.

Wed, 28 Aug 2013 14:52:05 GMT

Indian currency plummeted to record low

The Indian currency decreased to a record low, falling 3.6% in one session, slipping 2.9% in the last trading session, and posting the biggest decline since 1991. The Indian rupee touched an all-time low of 68.74 versus the greenback, adding to signs the currency has plummeted 26.3% since May. Indian benchmark index Sensex has retreated 14.26% since July 23. 

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