The U.S. government bond yield curve steepened on Wednesday as prices fell on the prospect of increased supply in longer-dated debt after the Treasury Department said it would borrow more in the third quarter than previously anticipated.
The U.S. government bond yield curve steepened on Wednesday as prices fell on the prospect of increased supply in longer-dated debt after the Treasury Department said it would borrow more in the third quarter than previously anticipated.
Stock Futures Edge Higher, Gold Rallies. Bull market in gold continued, sending prices over $2,000 a troy ounce for second day, while U.S. Treasury yields remained near this year's lows.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling edged 0.6% higher on Wednesday against a broadly weaker dollar as the U.S. coronavirus relief package stalled in Congress and U.S. bond yields sank.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Elizabeth Howcroft. German 10-year bond yields rose to their highest in a week on Wednesday and had their weakest session in more than three weeks after economic data pointed to a return to growth in the bloc.
* Gold surges past technical barrier of $2,000 an ounce. * Weak dollar, falling bond yields boost gold. * European shares, U.S. stock futures higher. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Dhara Ranasinghe.
Stock Futures Edge Higher, Gold Rallies. Bull market in gold continued, sending prices over $2,000 a troy ounce for second day, while U.S. Treasury yields remained near this year's lows.
Foreign investors are piling back into Russian bonds, attracted by high yields and the country's relatively strong finances compared with emerging-market peers. Despite a heavy reliance on oil exports and tense relations with the West, investors say yields on Russian government bonds are attractive given its ability to withstand oil-price volatility. Russia marked its eighth straight week of inflows into its bonds on July 23, according to data from fund tracker EPFR...
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling edged higher on Wednesday against a broadly weaker dollar as the U.S. coronavirus relief package stalled in Congress and U.S. bond yields sank.
* Gold surges past key technical barrier of $2,000 an ounce. * Falling U.S. dollar, bond yields push gold higher. * European shares, U.S. stock futures higher. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Dhara Ranasinghe.
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