Treasuries gain as demand rises after China's factory report

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Source: Bloomberg
U.S Treasuries advanced on Monday rising for the second successive day after a government report in China showed that factory output in the country accelerated at a slower pace than forecast spurring a demand for safe-haven bonds. The U.S. benchmark 10-year yield slipped 2 basis points traded at 2.84% by 3:42 Tokyo time.

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Mon, 16 Dec 2013 11:47:03 GMT

German bonds drop before manufacturing and service data

German government bunds increased on Monday gaining for the second successive session before a government report showed that manufacturing and service sector in the 17-nation bloc accelerated for the sixth straight month in December. Germany's benchmark 10-year bunds yielded two basis points lower at 1.81% as of 7:19 a.m. in London, the least since December 5.

Mon, 16 Dec 2013 11:25:06 GMT

European stocks fall ahead of Fed's policy meeting tomorrow

European shares slipped on Monday with the local benchmark index Stoxx Europe 600 falling for the second straight week after a government report showed that manufacturing activity in China dropped last month and as investors weighed a timing of stimulus scale-back. Euro Stoxx 50 Index with this week's expiration slid 0.2% to 2,916 by 7:13 a.m. London time.

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