Yen climbs as treasury yields decline - Business News - News Summed Up

Yen climbs as treasury yields decline - Business News


SYDNEY: Ten-year Treasury yields fell, taking the dollar down against the yen, after Italy’s political impasse triggered a risk-off mood in holiday-hit markets. FTSE 100 futures declined in early London trading as U.K. traders return following a holiday. Ten-year Treasury yields fell below 2.90 percent for the first time this month, while U.S. equity futures were flat. These are the main moves in markets:Stocks• Topix index fell 0.5 percent at the close in Tokyo. Bonds• Then 10-year U.S. Treasury yield declined about three basis points to 2.90 percent, after falling below that mark earlier.


Source: The Star May 29, 2018 07:18 UTC



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