Yields on treasuries edge up ahead of 3-year auction

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Source: Marketwatch

On Tuesday, prices for treasuries declined, pushing yields up, as investor eyed the upcoming auction of 3-year government debt in the U.S, which may provide some clue on the discount potential of another round of monetary stimulus. Yields on 10-year notes gained 2 basis rose, and reached 1.68%. While yields on 3-year bonds increased by 0.01%, reaching 0.33%.

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Tue, 11 Sep 2012 14:54:45 GMT

U.S. trade gap widened 0.2% in July

The U.S. trade deficit widened a slight 0.2%, as both exports and imports fell. Nation's trade deficit widened to a seasonally adjusted $42.0 billion in July from $41.9 billion in prior month, the U.S. Bureau of Economic Analysis said on Tuesday. Overall U.S. imports fell 0.8% to $225.3 billion, down from $227.1 billion, while exports declined by 1% to $183.3 billion from $185.2 billion in

Tue, 11 Sep 2012 14:32:45 GMT

OECD jobless rate climbs in July

OECD area's unemployment rate rose slightly in July, following a cut of a modest fall in the preceding month. The jobless rate surged to 8% from 7.9% in June. On yearly basis, the rate was stable. July data shows 47.9 million unemployed people in the OECD, with Spain posting a rate of 25.1%, Eurozone 11.3%, U.S. 8.3% and Japan 4.3%.

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