Jump to navigation

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
Follow Futures          
       
more >>

We Asked Traders

We asked traders for their opinion on the launch of bitcoin futures

Sponsored Content

Trading

Equities.com launches unlimited trading via Tradier Brokerage, Transforming into a news & fintech portal

Featured Topics

more Commodities>>

Commodities

Energy demand steps back in play
Advertisement
more Volatility>>

Volatility

Volatility & opportunity in the energy sector
more Financials>>

Financials

Daily Price Action: E-mini S&P 500
more Options>>

Options

Trading Vertical Option Spreads

Advertisement

Treasuries in narrowest range since April as investors weigh Fed

By Susanne Walker and Anchalee Worrachate, Bloomberg

June 17, 2013 • Reprints

On Fence

“Bernanke will have to sit on the fence, and I wouldn’t expect a clear message,” said Patrick Legland, head of research at Societe Generale in Paris, said in an interview on Bloomberg Television’s ‘On the Move’ with Manus Cranny. “We are on the road for 2.75% 10-year yields on Treasuries.”

The International Monetary Fund urged the Fed to carefully manage its exit plan from stimulus to avoid disrupting financial markets. The IMF on June 14 left its U.S. growth forecast for this year at 1.9% and cut its prediction for 2014 to 2.7%, from 3% growth predicted in April.

“Effective communication on the exit strategy and a careful calibration of its timing will be critical for reducing the risk of abrupt and sustained moves in long-term interest rates,” the Washington-based fund said.

The Fed Bank of New York’s general economic index climbed to 7.8 this month, the highest reading since March, from minus 1.4 in May. Readings of greater than zero signal expansion in New York, northern New Jersey and southern Connecticut. The median projection in a Bloomberg survey of 51 economists called for a reading of zero.

Consumer Prices

A report tomorrow is forecast to show the consumer price index increased 1.4% in May from a year earlier, according to economists in a Bloomberg News survey. The central bank’s target is 2%.

The Fed is buying $85 billion of government and mortgage securities a month to spur the economy, and has kept its target for overnight lending between banks at almost zero since December 2008. Through its purchases, it has increased its assets to $3.4 trillion.

The central bank will buy as much as $5.75 billion of Treasuries today due March 2018 to February 2019, according to the New York Fed’s website.

Treasuries lost 1% this year through June 14, according to the Bloomberg U.S. Treasury Bond Index. Japanese government bonds returned 0.4% and German bunds fell 0.7%, separate indexes show.

www.bloomberg.com

<<< previous
Page 2 of 2

About the Author

Copyright 2014 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Related Articles
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
GBP/USD drops as weak CPI reduces BoE May rate rise odds
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Previous
Cotton mixed as buyers wait for pullbacks
Next
S&P 500 roars higher on housing confidence
Related Terms
US Federal Reserve 8527bank 6455fed 3336financials 2975Interest Rates 2108International Monetary Fund 1712manufacturing 1315Federal Reserve 1207bonds 1125U.S. government 1118Treasuries 1006U.S. Treasury 854Qe 751Ben S. Bernanke 751Ben S 613New Jersey 590Connecticut 587Bank of America Merrill Lynch 384Bloomberg Television 360Fixed income 302Notes 287New York Fed 209Yields 202Treasuries 179Japanese government 164Bloomberg U.S. 100ICAP Plc 90Fed Bank of New York 56Societe Generale SA. 45inter-dealer broker 29CIBC World Markets Corp. 12Tom Tucci 9Manus Cranny 9Patrick Legland 1

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
images