U.S. Treasurys prices rose on Thursday after the euro zone’s chief central banker said policymakers will decide early next year if the slowing region needs more economic stimulus.
Prices of 30-year Treasurys, which had been stung early this week by investors positioning for a flurry of high-quality corporate debt offerings, increased 15/32. Long bonds were last yielding 2.966 percent, according to Reuters data.
European Central Bank President Mario Draghi told reporters in Frankfurt that the ECB’s Governing Council was unanimous in backing such potential steps as a government bond-buying program with new money.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Latest posts by marketpulsefxstaff (see all)
- Oil Remains Near Multi-Month Lows - 6 August 2015
- U.S. Dollar Higher on Recent Data - 6 August 2015
- Greece’s PM Tsipras: Loan Deal with Lenders Close - 6 August 2015