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


28/04/2012 15:10 AST

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

Bloomberg
Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
EEC 24.75 143,924
BKMB 0.44 2,191,781
OTEL 1.51 51,918
GFH 0.51
EMAAR 7.4 18,957,908
SADAFCO 127.75 12,113
SABIC 96.5 1,057,370
Recent News

Asian Infrastructure Investment Bank to fund $301m for Duqm port, rail
Oman will receive finance to the tune of $301 million from Asian Infrastructure Investment Bank (AIIB) for developing two major transport projects in the country – maritime infrastructure at Duqm and

CMA plans to introduce new securities law to safeguard investors
Oman’s stock market watchdog Capital Market Authority (CMA) has released a draft securities law, which is aimed at protecting the larger interest of investors, with a special treatment to retail inve

Qatar Stock Exchange Weekly Market Report
The Qatar Stock Exchange (QSE) index gained 140.2 points, or 1.41%, during the week to close at 10,053.95. Market capitalisation increased by 1.17% to QR540.1bn versus QR533.9bn at the end of the pre

Doha Bank inaugurates representative office in Dhaka
Doha Bank yesterday announced it inaugurated the Bank's Bangladesh representative office in Dhaka. The inauguration ceremony was held in the presence of Qatar's Ambassador to Bangladesh, Ahmed Mohame

Ooredoo named strategic partner of DBS
Ooredoo, in line with its ongoing support for the business sector in Qatar, recently became the Strategic Partner of ‘Doha Business Solutions’ (DBS) and supported its event featuring world-renowned b

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

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?