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

Bloomberg Customers

Markets & Finance

Treasuries Skid

From Action Economics and S&P MarketScope: Treasuries finished sharply lower Thursday after China said it would no longer peg the yuan currency to the dollar.

In a roller-coaster session, Treasury yields finished sharply higher, contributing to the notion that the bears were finally getting their moment in the sun after the Chinese revalued the yuan by 2.1%, abandoned the peg, and left the door open to further moves.

A repeat of relatively hawkish Fedspeak from Greenspan before the Senate and evidence in the FOMC minutes that his views were shared provided additional impetus to the upside after a fresh spate of botched London underground bombings briefly boosted the terror premium.

Plus, FOMC minutes from June meeting mentioned the need to be alert for signs of inflation. The 10-year yield rose to 4.28%, its highest since early May.

blog comments powered by Disqus