Bloomberg the Company & Products

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

http://www.businessweek.com/stories/2006-07-02/treasury-yields-risebusinessweek-business-news-stock-market-and-financial-advice

Markets & Finance

Treasury Yields Rise


From Standard & Poor's Equity Research

Treasuries enjoyed a small dead-cat bounce in the wake of the weaker than expected June ISM report, which fell to 53.5 from 54.4, but the rally quickly fizzled in extremely lean holiday trading conditions, says Action Economics. The 10-year note yield rose to 5.15%.

Construction spending fell 0.4% in May and briefly lent to the shallow bid, but liquidity quickly dried up ahead of U.S. Independence Day celebrations. Focus will quickly switch to the upcoming European Central Bank meeting and U.S. employment report when traders return from the long holiday weekend.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus