By Musabbir Mazhar Investors were engaging in a sell-off today of the US 10 year treasury and caused its prices to fall – yields rose 5 basis points or 0.0005 to 2.80% as ISM (Institute for Supply Management) data came out positive. This yield level is highest seen since the last 10 days. Investors were […]
Tag Archives: Dow Jones Industrial Average
Market Update, Wednesday, November 20, 2013
By Musabbir Mazhar European Central Bank (ECB) policymakers might take the deposit rate to -0.1% for lenders who deposit excess cash at ECB. The current deposit rate is zero. These policy talks are essentially to take guard against deflation. Jens Weidmann, the German Central Bank president will certainly oppose this policy as he does not […]
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