Treasuries rise amid falling stock and commodity prices

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Source: Bloomberg
U.S. Treasuries advanced on Wednesday pushing the benchmark 10-year rates close to the lowest level in a four-month period after demand for safer assets was boosted by decreasing prices of stocks and commodities on markets. The U.S. 10-year yields were down three basis points at 1.69% as of 10:39 a.m. in New York following a drop to 1.67% on April 15, the lowest since December 12.

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Wed, 17 Apr 2013 17:21:06 GMT

Pound falls against U.S. Dollar on Wednesday

The British Sterling depreciated on Wednesday recording its largest drop in six weeks against the U.S. Dollar after the government report unveiled that the jobless rate in the U.K. gained and wage increase eased in March. The Pound fell 0.9% to $1.5220 as of 3:16 p.m. in London and it edged down 0.1% to 85.80 pence per euro after it

Wed, 17 Apr 2013 17:32:06 GMT

Japan's consumer sentiment jumps third month in a row

Consumer confidence in Japan rose for the third consecutive month in March with the seasonally adjusted consumer confidence index rising from 44.2 points in February to 44.8 points in March, a data released by the Cabinet Office revealed on Wednesday. The data also showed that on an unadjusted basis it was up 45 in March from 44.2 in February.

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