Bond Yields Rocket Upward

December 8, 2010

Ten-year sovereign debt yields advanced overnight by a further 7,6, and 4 basis points in Japan, Britain and Germany.  10-year Treasuries are signaled up 5 bps.  Since Bernanke mentioned the likelihood of QE2 in late August, yields have advanced 79 bps in Germany, 63 bps in Britain, 57 bps in the United States and 24 […] More

Investors Will Be Surprised If FOMC Renews QE Today

September 21, 2010

The FOMC meets today and will release a new statement around 18:15 GMT.  Commodity-sensitive currencies, the dollar and global bond yields are softer in advance. The dollar lost 0.5% against the euro, 0.3% against the yen, 0.2% against the Swiss franc, and 0.1% against the yuan.  The greenback firmed 0.2% against sterling, however, aided by […] More