U.S. 10-year yields rise for second straight quarter

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Source: Bloomberg
U.S. Treasuries declined for the second successive quarter recording its first back-to-back fall since 2011 as yields increased amid improvement of economic data, when the U.S. unemployment rate dropped more than forecast and as the Fed will continue with stimulus. The benchmark 10-year yield rose by nine basis points to 1.85% in the Q1 and it touched 2.08% on March 8.

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Fri, 29 Mar 2013 15:39:06 GMT

Italy likely to shrink more than projected in 2013

The Italian economic performance outlook for 2013 worsens, when the gross domestic product is likely to drop more than the country's government originally predicted, the President of the statistical office Istat Enrico Giovannini said on Friday. The initial outlook said that the nation's GDP would decline by 1.3% in 2013, the new estimates says the forecast is too upbeat. The

Fri, 29 Mar 2013 15:15:06 GMT

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