Treasuries decline as U.S. retail sales surge

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Source: Bloomberg
The value of U.S. Treasuries decreases on Thursday, as the yields jumped to the largest level this week, as the official data reported on significant surge of 0.7% in U.S. retail sales, more than analysts predicted. It increases the probability of Fed tapering. Moreover, the yields for 10 and 30-year bonds reached the lowest level since September 23, as the former are trading at 2.86%, the latter are offered for 3.87%.
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Thu, 12 Dec 2013 16:59:06 GMT

Eurozone's manufacturing declines in October

The manufacturing sector of the Eurozone continued to shrink in October of the current year, as the indicator decreased 1.1% on a monthly basis after an upwardly revised 0.2% drop in September. At the same time, analysts expected the industrial output to rise as much as 0.4%. Economists say that it will be difficult to reach positive Q4 economic growth

Thu, 12 Dec 2013 16:37:07 GMT

The RBA prefers weak currency to low rates

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