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

Treasury Prices Fall

MARKETSCOPE : Bonds fell in price Wednedsay on the back of sentiment that the Fed will continue raising rates for some time to come, following Tuesday's FOMC policy decision. Traders have started to position for the October jobs report on Friday.

The 10-year note fell 10/32 to 97-07/32 for a yield of 4.61%, the highest closing yield since Mar. 28. The 30-year bond sank 21/32 to 108-11/32 for a yield of 4.80%.

The Fed, worried about inflation, raised rates 25 basis points Tuesday to the 4% level. Now investors were waiting for more clues about U.S. monetary policy during Chairman Alan Greenspan's testimony to the Joint Economic Commmittee on Thursday.

The Fed has hiked interest rates twelve times since 2004, in an effort to combat price inflation.

blog comments powered by Disqus