• Most Popular
  • Most Shared

Bunds dip to session lows, tracking U.S. Treasuries

Thu Nov 12, 2009 8:35am EST

Related News

LONDON, Nov 12 (Reuters) - Euro zone government bonds fell to session lows, reversing earlier gains on Thursday, tracking losses in U.S. Tresauries moments before U.S. jobless claims data.

The number of U.S. workers filing new claims for jobless insurance fell for the second week in a row and the four-week moving average of claims was the lowest in nearly a year, pointing to improvements in the labour market. [ID:nN11377609]

Bund futures fell to a session low of 121.32 FGBLc1, down 39 ticks on the day. Ten-year yields EU10YT=RR were 2.4 basis points higher at 3.374 percent, having earlier fallen as low as 3.309 percent. (Reporting by London markets team)



More from Reuters

U.S. Speaker of the House Nancy Pelosi (C) is surrounded by reporters as she walks towards the U.S. House of Representatives chamber to begin the vote on health care reform on Capitol Hill in Washington, March 21, 2010. REUTERS/Larry Downing

Democrats face dubious voters

Democrats in Congress who passed historic legislation to revamp the healthcare system face a new challenge: convincing voters it's a good deal.  Full Article | Video 

Healthcare reform
A soldier guards hundreds of bags of wheat seed in the isolated district of Nad Ali's district centre in the west of Helmand province, October 17, 2009

Dirty money and Afghan war

As the war in Afghanistan enters its ninth year, the U.S. has finally realized the best way to stop the conflict is to cut the flow of drug money, columnist Bernd Debusmann writes.   Commentary 

    Afghanistan
    An H1N1 flu vaccine inoculation is given at the Geisinger Medical Center in Danville, Pennsylvania October 28, 2009. REUTERS/Brad Bower

    A new stab at conquering pain

    Millions of people worldwide suffer chronic pain that can last weeks, months or years but relief may be on the way.  Full Article 

      Pharmaceuticals