Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries Finish Higher after Rate Cut

U.S Treasuries finished in positive territory, after the Federal Reserve's rate cut of 25 basis points, but off initial highs, as the policy statement had ambiguous implications. S&P's MMS says the market was encouraged that the Fed said the economy remains soft and kept its bias to easing.

In other economic news, U.S. wholesalers cut their inventories in October at the fastest pace since at least 1992 as they faced plunging sales in a recession-hit economy, a government report on Tuesday showed, according to news reports. The Commerce Department said stocks of unsold goods on wholesalers' shelves fell 1% to $294.21 billion, the biggest monthly decline since the current system of record-keeping began in 1992. In September, inventories fell 0.4% to $297.16 billion.

blog comments powered by Disqus