Prospects Daily: US treasuries advance on Fed Chairman’s - TopicsExpress



          

Prospects Daily: US treasuries advance on Fed Chairman’s statements…South African retail spending rises: Financial Markets…U.S. Treasuries advanced for a for third day on Wednesday, with the benchmark 10-year yield sliding as much as 7 basis points to a two-week low of 2.46%, after Federal Reserve Chairman Ben Bernanke said in congressional testimony the timing of an eventual tapering off of quantitative easing is not on a “preset course.” Weak U.S. housing starts data in June, which fell to the lowest level in nearly a year, also weighted positively on U.S. government debt. dlvr.it/3gMXmF WORLDBANK
Posted on: Wed, 17 Jul 2013 16:45:37 +0000

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