U.S. treasuries steady before employment report

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Source: Reuters

On Friday, U.S. treasuries held steady, as investors eyed an upcoming report on U.S. employment, which is widely expected to show an increase in jobless rate. The yield on benchmark 10-year notes declined 0.9 basis points, and reached 1.6630%, while the yield on 30-year bonds lost 1 basis point, reaching 2.88% by 10:18 a.m. in London.

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Fri, 05 Oct 2012 13:10:55 GMT

U.S. unemployment rate unexpectedly fell to 7.8%

The U.S. jobless rate unexpectedly declined to 7.8% in September, the lowest level since Barack Obama became the U.S. President in January 2009, as employers hired more part-time workers. Economists projected the unemployment rate to increase from 8.1% to 8.2%. The U.S. economy added 114 000 employees last months following 142 000 gain in August, according to Labour Department figures. "The

Fri, 05 Oct 2012 13:32:52 GMT

Asian stocks rise amid ECB bond pledge

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