Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

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 Recover from Earlier Losses


MARKETSCOPE : Treasury bond prices recovered from their earlier losses Thursday.

The 10-year note edged up 03/32 to 98-14/32 for a yield of 4.45%, while the 30-year bond rose 10/32 to 110-14/32 for a yield of 4.67%.

Atlanta Fed President Guynn indicated the Fed might hike rates 50 basis points in the coming month and maybe twice to counter inflationary forces. Some traders bet that the hikes would hasten an end to the Fed's lengthy credit tightening program.

Prices had fallen after news hit earlier that the Philadelphia Fed Index rose to 17.3 from 2.2 for the month. The prices paid component jumped to 67.6 from 52.7.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus