Treasuries fall as U.S. government issues 10-year yields

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Source: Bloomberg
U.S. Treasuries declined on Wednesday trading session as the country issued benchmark 10-year government bonds in an auction totaling $21 billion drawing smaller-than-expected demand suggesting that the Federal Reserve may scale back its stimulus as soon as on the next policy meeting. 10-year yields jumped 5 basis points to 2.85% following a drop by 0.07% in the prior 3 days.

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Thu, 12 Dec 2013 11:31:04 GMT

Aussie drops as unemployment rises

The Australian Dollar weakened on Thursday falling for the second straight day after a government report showed that jobless rate advanced to the highest figure since 2009 and as consumer spending in the U.S. accelerated. The so-called Aussie declined 0.2% to 90.27 U.S. cents as of 4:57 p.m. Sydney time following a 1.1% fall recorded yesterday.

Thu, 12 Dec 2013 11:09:08 GMT

Pound rises against U.S. Dollar before Osborne speaks

The British Sterling strengthened on Thursday snapping its two-week decline against the U.S. Dollar before a speech of George Osborne, the Chancellor of the Exchequer, explaining the last week's year-end budget statement. The Pound rose 0.1% to $1.6386 as of 7:44 a.m. in London following a 0.4% drop yesterday, the biggest fall since October 25.

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