Treasury yields fell disappointed the US data and falling oil prices

last Friday (January 2) United States Treasury debt prices rose after the United States released data showed slower growth than expected December manufacturing and oil price hit its lowest since after 2009.

United States Institute for supply management (ISM) announced that December manufacturing index fell to 55.5, lower than analysts ' forecast of 57.6 in November and 58.7.

trading volume was below average after the Lunar New Year holidays, expected price movements are exaggerated, but traders said turnover has been increased.

Wells Fargo Funds Management, Chief fixed-income strategist, said Jim Kochan, "many investors may not return day, even modest decline is obvious. This is still a very very good reading. "The

data shows December manufacturing employment rose more than analysts expected, manufacturing employment growth for the 18th consecutive month.

benchmark 10-year bond yields as low as 2.1%, to the lowest level since December 17. The 30-year bond yields as low as 2.68%, to the lowest level since December 16.

United States before publication of the data, global data released earlier today showed the fragile global economic situation at the end of last year, from the European and Asian manufacturing to maintain growth difficult.

in Frankfurt, European Central Bank Chief Mario Draghi, hinted in an interview, the European Central Bank would take more aggressive monetary stimulus measures. That boosted the dollar, hurt the euro.

down deflation fears increase in oil prices, which dragged down bond yields plunged.

Brent crude futures fell earlier on Friday to a 2009 low of $ 55.48, before recovering to $ 56.30, 2011-2013 Brent crude futures prices up to about $ 110.

investors will next focus on January 7 the Federal Reserve's December monetary policy meeting, when the Fed changes to maintain near-zero interest rates "for an extended period" pledge, saying "be patient" decide on the timing.

United States December non-farm payrolls report due out on January 9.

corporate debt sale next week is likely to increase enterprises rush to bonds before the Fed rate hikes, which could put pressure on yields.

Product catalog
Contacts us

Phone: 010-8845689

Fax: 1804231331