(Bloomberg) -- U.S. 10-year Treasuries were poised
to end a six-week losing streak after Germany's Ifo institute
reported an unexpectedly steep decline in business confidence,
prompting speculation economic growth in Europe will plateau.
Treasuries have rebounded following a slump since early May
that pushed benchmark yields to a five-year high on signs of
faster global economic growth. Investors sought the safety of
shorter maturities this week, prompting the gap between yields
on two-year notes and 10-year debt to widen. European bonds rose
today after the German confidence figures pushed stocks lower.
Read more at Bloomberg Bonds News
to end a six-week losing streak after Germany's Ifo institute
reported an unexpectedly steep decline in business confidence,
prompting speculation economic growth in Europe will plateau.
Treasuries have rebounded following a slump since early May
that pushed benchmark yields to a five-year high on signs of
faster global economic growth. Investors sought the safety of
shorter maturities this week, prompting the gap between yields
on two-year notes and 10-year debt to widen. European bonds rose
today after the German confidence figures pushed stocks lower.
Read more at Bloomberg Bonds News
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