U.S. Treasuries fall amid favourable manufacturing report

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Source: Bloomberg
U.S. Treasuries decreased on Friday pushing the benchmark 10-year yields to the strongest level in more than a seven-day period before a government data showed that manufacturing sector advanced for the fifth successive month suggesting a potential end of stimulus. 10-year bonds yielded at 2.58%, traded 2 basis points lower at 9:33 a.m. in New York, the strongest level since October 22.

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Fri, 01 Nov 2013 16:54:04 GMT

China's property inflation increases more than forecast in October

Property inflation in the world's second largest economy accelerated in the month of October raising concerns of a potential real estate bubble in the country, a survey published by real estate services company E-House China showed on Friday. China's new homes prices gained 0.8% on a monthly basis on October, while year-on-year the prices climbed 10.5%.

Fri, 01 Nov 2013 16:16:04 GMT

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