RBI raises rates pushing bond-yields higher

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Source: Bloomberg
India's government bonds declined on Friday capping its worst performance in a month since November amid concerns that demand for the nation's securities may fall as the Reserve Bank of India raised its repurchase rate. India's benchmark 10-year yields climbed by nine basis points to 8.86% after the RBI increase the rates from 7.75% to 8%.

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Fri, 28 Feb 2014 15:02:51 GMT

German bunds drop after inflation data

German government bunds declined on Friday falling for the first time in four sessions after a report showed that consumer price inflation in the Eurozone bear initial economists' projections cooling down concerns that the ECB may lower rates. The benchmark 10-year bunds yielded five basis points higher at 1.61% as of 11:36 a.m. in London.

Fri, 28 Feb 2014 15:17:12 GMT

Australia's dollar reverses its biggest monthly advance

It is projected that the Australian Dollar will end its biggest advance since September as the economy signals that the limited growth will decrease yields. Australia's currency advanced 2.4% this month, the largest gain among 10 major counterparts after Norway and New Zealand. The Aussie was little changed at 89.63 cents at 5:45 p.m. in Sydney, slipping from the level of 90.81 touched on Feb.

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