Treasuries lower on the increase of cost of living

Note: This section contains information in English only.
Source: Bloomberg

On Tuesday, treasuries were traded lower, following the report that showed that the cost of living increased in September, which supported speculations about an acceleration in inflation amid record stimulus by the Federal Reserve. The yield on benchmark 10-year notes added 4 basis points, reaching 1.70%, at 8:34 a.m. New York time.

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Tue, 16 Oct 2012 14:01:01 GMT

U.S. consumer prices climbed last month

The Labor Department reported on Tuesday that consumer prices in the U.S. were advancing in September, following an increase the month before, which was a reflection of a growth in energy expenses. September's consumer prices were growing at a rate of 0.6% for the second consecutive month, while economists expected that it would by only 0.5%. Core CPI added 0.1%, which was lower than a 0.2%

Tue, 16 Oct 2012 14:22:20 GMT

Copper retreats from 1-month low on the stronger Euro, equities

On Tuesday, copper was traded higher, following stronger equities and the Euro and retreating from a 1-month low. Moreover, investor sentiment was also positively influenced by an upcoming European leaders meeting, which may reduce uncertainty over Spanish and Greek bailout. On the London Metal Exchange, three-month copper was traded at $8,145 per metric tonne.

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