Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries End Higher


U.S. Treasuries ended higher following Federal Reserve Chairman Alan Greenspan's testimony to the House Budget Committee. Greenspan said the economy regained traction and inflation eased, but that the oil outlook was uncertain and budget prospects were troubling over the long-term. Stocks moved lower following his comments.

Data also raised concern over the economy. The Federal Reserve's Beige Book showed slower economic growth in some districts in July and August.

Informa says soft retail sales trend continues, with the ICSC-UBS index showing U.S. same-store sales flat on the week ending Sept. 4 while the year-over-year growth pace slows to 2.1% from 2.6% and 2.9% over the past two weekly reports. The ICSC-UBS report projects that September same-store sales should rise by 2% to 3%.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus