Bonds selloff spread to US, Europe and Asia: Market News

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Bonds selloff spread to US, Europe and Asia: Market News

October 04, 2018 - 12:41
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According to Bloomberg, bonds selloff that caused increase of US Treasuries yield to the highest level since 2011 spread over Asia and Europe on Thursday. US Treasuries yield gained to 3,2%.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, bonds selloff that caused increase of US Treasuries yield to the highest level since 2011 spread over Asia and Europe on Thursday. US Treasuries yield gained to 3,2%. German 10-year bonds yield grew to 0,53%, while British 10-year bonds yield increased to 1,663%.

Bloomberg Dollar Spot Index gained 0,2%. Euro grew by 0,2% to $1,1498. British pound increased by 0,3% to $1,2982.

World shares are falling. S&P 500 lost 0,5%. Stoxx Europe 600 dropped 0,7%. British FTSE declined by 1%. Developing markets were hit the most with MSCI gauge for Emerging Markets fell as much as 2%. Asian-Pacific index of MSCI decreased by 1,2%.

WTI oil started falling after it reached the highest level since 2014 this week. It is traded 0,1% lower for $76,30 per barrel. Price of gold is 0,2% up to $1199,36 per ounce.