Treasuries Move Higher For Third Consecutive Session

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 […]

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Gold See Further Upside, Reaching New Six-Month Highs

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 […]

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Treasuries Finish Choppy Trading Session Roughly Flat

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 […]

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Treasuries Close Roughly Flat For Second Consecutive Session

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 […]

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Bank profits past their peak as mortgage war takes toll

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 […]

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Gold Futures Settle Lower On Higher Bond Yields, Steady Dollar

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 […]

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Confusion among investors as funds wait for ESG labelling clarity

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 […]

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Treasuries Move Back To The Upside After Yesterday's Pullback

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 […]

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Gold Futures Settle Sharply Higher On Safe-haven Appeal

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 […]

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