Treasury 10-Year Notes Rise for Sixth Week on U.S. Growth


28/04/2012 15:10 AST  Bloomberg

Treasury 10-year note yields fell for the sixth week in a row, matching the longest streak since June, as slowing growth and concern Europe’s debt crisis is worsening bolstered the refuge appeal of U.S. government debt.

Yields on the benchmark note dropped to the lowest level in two months as government reports showed the U.S. economy expanded less-than-forecast in the first quarter and weekly jobless claims rose. U.S. payrolls added fewer than 200,000 positions in April for a second straight month, data next week may show, adding to expectations from investors including Bill Gross that the Federal Reserve is far from pulling back on monetary stimulus.

For more on this Click Here

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP
Most Viewed Companies
Ticker Price Volume
EMAAR 11.15 65,816,789
RIBL 23.34 1,421,808
SECO 17.69 7,633,142
ALKHODARI 67.5 1,766,988
MARK 55.3 1,938,641
SPIMACO 50.76 2,941,031
SAGRINSURANCE 43.23 941,447
Recent News

TADAWUL: Insurance, Energy sectors surge over 2%
Saudi Arabia’s benchmark the Tadawul All-Share Index (TASI) closed at 11,112.12 and ended its Sunday’s trading up over seventy points or 0.63 percent. Its year-to-date return exceeded thirty percent.

GFH long-term rating increased
CAPITAL Intelligence (CI), the international credit rating agency, has raised the Gulf Finance House (GFH) long-term rating to ‘BB’ from ‘BB-’ and affirmed the short-term rating at ‘B’. The Outlook f

Masdar Institute, Tadweer sign research deal
Masdar Institute of Science and Technology and Tadweer, the Center of Waste Management – Abu Dhabi, have signed a two-year research agreement focused on improving the process for the production of bi

HSBC Bank Oman appoints locals to key posts
HSBC Bank Oman has appointed more Omanis to key positions as part of its ongoing commitment to the professional development of Omani nationals in the banking industry.

The bank recently a

Power, oil & gas sectors account for 60% of SR84.9bn contracts
Saudi Arabia recorded a significant upswing in the value of awarded contracts during the second quarter of 2014 as it reached SR84.9 billion. It marked a strong rebound from the previous quarter, a l

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Which of the following do you think is the best long-term investment?