immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

European Government Bond

European government bond: NEW YORK - U.S. and European government bond yields jumped on Thursday, with the yield on U.S. 10-year Treasury notes rising to the highest in more than 25 months, as economic data supported the view the Federal Reserve might reduce its bond purchases this month. , according to Reuters. The data, which follows an upbeat U.S. manufacturing report from Tuesday, could bolster expectations the Fed will begin winding down a bond-buying stimulus program this month. By Caroline Valetkevitch U.S. stocks opened higher and were on track for a third day of gains on the data, which showed improving U.S. economic conditions. Growth in the U.S. services sector accelerated in August to its fastest pace in almost eight years. (www.immigrantscanada.com). As reported in the news.