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Bond prices rise on oil drop, expectations for dovish Yellen NEW YORK: US Treasuries prices rose on Monday on expectations that Federal Reserve Chair Janet Yellen would take a dovish tone on monetary policy this week and as traders viewed a fresh drop in oil prices as a sign of deflation.Yellen will testify before Congress on Tuesday in a semiannual address on the economy and monetary policy before the Senate Banking Committee.While Treasuries have been underperforming for weeks as investors expected the Fed to hike interest rates by mid-year, analysts now expect Yellen to take a dovish tilt after minutes from the Fed's January policy meeting showed policymakers were concerned about raising rates too soon."They don't have to hike in June, they don't have to hike in September, they hike when they need to hike," said George Goncalves, head of U.S. rates strategy at Nomura Securities International in New York, in reference to the Fed. He said Yellen's testimony would ...

Mauritius 273-day Treasury bill yield falls to 2.39pc PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bill fell at auction on Friday to 2.39 percent from 2.64 percent at the previous sale on Jan. 27, the central bank said. The bank sold all the 500 million rupees ($15 million) worth of bills on offer. It received bids worth 1.170 billion rupees at yields ranging from 2.30 percent to 3.25 percent. Copyright Reuters, 2015 ...
Portugal backs Germany on debt deal for Greece FRANKFURT: Portuguese Finance Minister Maria Luis Albuquerque insisted in a German newspaper interview on Friday that Greece must fulfil the current conditions of its international bailout. "There is a framework within which we are prepared to talk to the Greek government. That framework is the current aid programme, which is up for extension," Albuquerque told the business daily Handelsblatt."But we are not prepared to talk under any other conditions. Everyone is agreed on this, all ...
Prices off on rate-hike uncertainties NEW YORK: US Treasury debt prices fell on Thursday after better-than-expected weekly jobless figures shifted sentiment in favor of a start to Fed interest-rate increases sooner than later.The declines reversed gains made Wednesday following the release of minutes of the Federal Reserve's latest policy meeting, which were more dovish than expected. On Thursday, 10-year Treasuries were off 19/32 and yielding 2.1081 percent. The yield was up from 2.068 percent on Wednesday.Wilmer Stith, fixed income portfolio ...
Prices resume decline as Greece offers concessions NEW YORK: US Treasury debt yields rose on Thursday, with prices surrendering some gains from a one-day government bonds rally after Greece offered concessions in its bailout bargaining with other euro zone countries.Yields on 10-year Treasuries last stood at 2.0853 percent, reflecting a price decline of 3/32 and up from 2.068 percent on Wednesday, when Treasuries rallied on bolstered bets the Federal Reserve may delay its first interest rate since 2006.Treasuries often benefit from investors ...
Prices rise as US data cools rate-hike bets NEW YORK: US Treasury yields retreated from recent highs on Wednesday as softer-than-forecast U.S. economic data nibbled away at a growing consensus that Federal Reserve policymakers are readying for an interest rate increase possibly as early as June.Benchmark 10-year notes were last up 8/32 in price to yield 2.1151 percent, down from 2.143 percent late on Tuesday. Earlier, in overseas trading, the yield stood at a high of 2.164 percent, a level last seen on ...
Periphery's bond yields dip as Greece says will seek loan extension LONDON: Yields on Greek and other lower-rated euro zone bonds fell on Wednesday on signs Greece may reach an agreement with its lenders and win further respite for its banks from the European Central Bank.A Greek government spokesperson said Athens would ask on Wednesday for an extension to its loan agreement with the euro zone, which it distinguishes from its international bailout programme. European Commission President Jean-Claude Juncker told a German magazine he was working ...


Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln