After moving notably higher over the course of the two previous sessions, treasuries saw further upside during trading on Wednesday. Bond prices advanced early in the day and remained in positive territory throughout the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 6.5 basis points to 4.271 percent. The ten-year […]

Extending a recent upward trend, the price of gold moved higher during trading on Wednesday, reaching its highest levels in over six months. After moving sharply higher in the previous session, gold for December delivery climbed $7.10 or 0.4 percent to $2047.10 an ounce. The more active gold for February delivery contract rose $6.90 or 0.3 percent to $2,057.50 an […]

Treasuries showed a lack of direction throughout the trading session on Friday before eventually ending the day roughly flat. Bond prices spent the day bouncing back and forth across the unchanged. The yield on the benchmark ten-year note, which moves opposite of its price, closed down less than a basis point at 4.441 percent. After seeing initial strength, treasuries gave […]

Treasuries came under pressure in early in the session on Monday but regained ground over the course of the trading day. Bond prices climbed well off their early lows, closing roughly flat for the second consecutive session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by less than a basis […]

Save articles for later Add articles to your saved list and come back to them any time. Bank profits have peaked and are set to come under further pressure from stiff competition in home loans, investors say, as the market prepares for updates from two key protagonists in the mortgage war: ANZ Bank and Commonwealth Bank. After results this week […]

Higher bond yields and a fairly solid dollar weighed on the yellow metal’s safe-haven appeal on Wednesday. Uncertainty about the outlook for Federal Reserve’s interest-rate path weighed as well on gold. The dollar climbed higher in the Asian session, lifted by somewhat hawkish comments from a few Fed officials. Fed Governor Christopher Waller said in a speech on Tuesday that […]

Save articles for later Add articles to your saved list and come back to them any time. The number of participants in the government’s reverse mortgage scheme is growing at an annual rate of about 60 per cent, as more Australians seek to unlock the value of their homes to boost their income in retirement. Figures from the Department of […]

Save articles for later Add articles to your saved list and come back to them any time. A lack of consistency in the labelling of sustainable investment options is contributing to confusion among investors as the $3.5 trillion superannuation industry responds to increasing demand from people looking to pivot their funds towards sustainable products. Colonial First State chief investment officer […]

Following the sharp pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Friday. Bond prices gave back some ground after an early advance but remained firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slumped 8.3 basis points to 4.629 percent. The early strength […]

Gold futures settled sharply higher on Friday as investors picked up the safe-haven asset amid rising worries about global economic outlook due to higher borrowing costs and the impact of the Israel-Hamas war. Weak Chinese economic data, lower Treasury yields and a subdued dollar contributed as well to gold’s sharp uptick. Gold futures for December ended higher by $58.50 or […]