Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
BLBG: Treasuries Set for Two-Week Gain; Greenspan Warns of Global Risk
 
Foolish to think U.S. is isolated from world, Greenspan says
Surging Japanese yen highlights demand for perceived havens
Share on Facebook
Share on Twitter
Treasuries headed for their biggest two-week gain since January as the Federal Reserve warned the global economy presents heightened risks.
U.S. government securities have returned 1.3 percent in the period, the biggest back-to-back weekly run since the period ended Jan. 15, based on Bloomberg World Bond Indexes. The Japanese yen has surged 11 percent this year, the most among the 16 most-traded currencies against the dollar, highlighting demand for perceived haven assets.
Former Fed Chair Alan Greenspan said Thursday U.S. policy makers have to take global developments into account. “The major problem that exists is essentially the issue that productivity growth over pretty much the spectrum of all economies has been under 1 percent a year for the last five years,” he said. Policy makers are concerned that slowing world growth will restrain U.S. exports, according to minutes of the Fed’s March meeting issued this week.
“The concern is the world economy,” said Kazuaki Oh’E, head of fixed income at CIBC World Markets Japan Inc. in Tokyo. “The Fed is saying they are going to be cautious. I personally think Treasuries are getting a little bit expensive.”
The benchmark Treasury 10-year note yield rose two basis points to 1.72 percent as of 6:45 a.m. in London, according to Bloomberg Bond Trader data. The 1.625 percent security due in February 2026 fell 7/32, or $2.19 per $1,000 face amount, to 99 6/32.
The yield was as low as 1.68 percent Thursday, a level not seen since Feb. 25.
Source