Treasuries fall for third day as borrowing costs increase

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Source: Bloomberg
Treasury 10-year bonds dropped for the third day after borrowing costs rose globally amid bets the Federal Reserve and other central banks may cut their bond purchases. The benchmark 10-year yield advanced two basis points to 2.23 %. The 1.75% security maturing in May 2023 declined $1.88 per $1,000 par value to 95 3/4.
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Tue, 11 Jun 2013 09:19:06 GMT

Sterling little changed versus greenback

The Sterling was little changed versus the greenback before a report that is expected to show that U.K. manufacturing production fell in April for the first time in nine weeks. The British Pound traded at $1.5584 as of 7:38 a.m. in London, it reached $1.5684 on June 6, the highest in four months, while it was trading at 85.18 pence

Tue, 11 Jun 2013 08:57:12 GMT

European shares retreat

European shares slid as the Japan's central bank kept the policy unchanged and Germany's court started a hearing on the ECB's bond-buying plan. The Stoxx Europe 600 Index declined 0.5% to 293.77 as of 8:04 a.m. London time. The index has fallen 5.4% since May 22 on the worries that the Fed will scale back stimulus if U.S. economy grows.

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