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
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 31.39 1,217,856
SABIC 100.35 8,442,976
STC 69.73 1,178,403
SPIMACO 45.34 895,786
ALMARAI 92.02 582,788
EMAAR 8.08 11,388,264
GFH 0.07
Recent News

Consultant sought to develop electricity spot market system
Plans for the introduction of an Electricity Spot Market in the Sultanate are being firmed up with Oman Power and Water Procurement Company (OPWP) preparing to enlist the services of an international

Petchem stocks stay in limelight
The Saudi stock market ended Sunday’s trading session solidly in the green. The Tadawul All-Share Index (TASI) closed up 110.56 points or 1.15 percent to 9,725.17, after being up as much as 1.29 perc

Takaud is targeting $1 billion wealth management portfolio
Bahrain-based savings and pensions provider Takaud yesterday launched a wealth management platform targeting a portfolio of more than $1 billion in three years.

The company's chief executi

88 per cent of businesswomen can manage their own enterprises
Emirati women are considerably participating in economic development, as figures issued by Abu Dhabi Statistics Centre show that relative participation of female citizens in the labour force in 2013

Chemical exports from GCC reach $54.6b
With chemical exports from the Gulf Cooperation Council (GCC) reaching $54.6 billion, streamlining supply chain functions will be the key to maintaining a competitive advantage, says the Gulf Petroch

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?