10-year yields rise to 1.94% on Wednesday

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Source: Bloomberg
The U.S. Treasuries decreased for the first time after it advanced three sessions in a row amid speculations that the Federal Reserve will keep stimulating economy with its monetary policy programme. The U.S. benchmark 10-year yields advanced from its lowest level in two weeks, when it added 0.04 percentage points to 1.94% earlier in New York.

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Wed, 20 Mar 2013 15:42:10 GMT

UK gross mortgage lending falls from January to February by 8%

Gross mortgage lending in the United Kingdom dropped by 8% in a period between January and February, the Council of Mortgage Lenders showed in a report on Wednesday. The report said that total gross mortgage lending fell from a level of 11.4 billion pounds in January to 10.5 billion Pounds in February, compared to 10.4 billion pounds in February 2012.

Thu, 21 Mar 2013 07:26:09 GMT

Bovespa Index declines on iron producer's loss

The Bovespa Index was lower by 1% to 56,389.48 points by midday trading session in Sao Paulo on Tuesday. The index was led by iron-ore producer Mineracao & Meralicoss SA, which posted a bigger loss than analysts estimated in a fourth quarter. Also, the index is dragged down by a weak situation in Brazilian market, as 32 of 46 companies missed earnings

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