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TOKYO: Treasuries prices were steady in Asia on Thursday, after dipping overnight as the US Federal Reserve gave no sign that it was in a hurry to make another round of bond purchases to stimulate the economy. The Fed held policy steady on Wednesday and reiterated its expectation that interest rates would not rise until late 2014. Chairman Ben Bernanke said at his post-meeting news conference that he was comfortable with the central bank's policy stance, though it was prepared to do more to aid the US economy if necessary. The Fed also tweaked its economic forecasts on Wednesday to take into an account improving employment and slightly higher inflation over the next few years, which also reduced hopes it would take more stimulative steps for the economy. "The next hurdle for the debt market will be the US nonfarm payrolls report next week, when Japan will be on holiday," said a fixed-income ...

NEW YORK: US Treasury debt prices fell on Wednesday as investors reduced their bond exposure ahead of a $35 billion auction of new five-year supply and also to hedge against any surprises from the Federal Reserve's latest policy statement. Benchmark yields rose to 2 percent, matching the level seen prior to the Fed's March 13 policy meeting. Bond prices tumbled after the US central bank modestly upgraded its outlook on the US economy and offered no ...
LONDON: US Treasuries slipped in Europe on Wednesday as forecast-beating corporate earnings boosted equities and cooled demand for low-risk debt but falls were limited before the Federal Reserve's policy decision later in the day. Benchmark T-note yields edged higher but were expected to hold around 2 percent with investors anticipating the Fed will restate its pledge that interest rates will stay near zero until at least 2014 given mixed economic data. The Fed, which concludes its two-day ...
FRANKFURT: The EU's bailout fund, the EFSF, said it attracted strong demand on Tuesday in its first auction of seven-year debt, with strong demand from Asia, central banks and sovereign wealth funds. The bonds were sold at a rate of 2.654 percent, the European Financial Stability Facility said in a statement. The EFSF borrows money from the markets at low rates and lends it to countries having difficulty in raising their own financing, such as Greece, Ireland ...
NEW YORK: US Treasury debt prices dipped on Tuesday, with some easing of concern over political upheaval in France and the Netherlands while investors waited for US debt sales and the results of the Federal Reserve's two-day policy meeting. The Fed, which is due to announce its rate decision on Wednesday, is likely to stick to its previous message that official borrowing costs should stay near zero until at least late 2014. However, investors will be ...
LONDON: Ten-year US Treasury yields were little changed on Tuesday after the sale of Dutch bonds went smoothly but safe-haven flows should continue to keep yields under pressure. US 10-year government bond yields were broadly steady at 1.94 percent, having hit 1.91 percent in the previous session - its lowest since February. "2 percent had been a resistance... now I think it's supportive. I think there is buying interest around the 2 percent area on 10s so ...
BERLIN: Germany has set a 2.5 percent coupon on its new 30-year bond due to be sold on Wednesday, the Bundesbank said on Tuesday. Germany is due to sell 3 billion euros of the bond in the auction, results for which are due to be published shortly after 0930 GMT on Wednesday. Copyright Reuters, 2012 ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln