NEW YORK. YEN FALLS Futures markets have fully priced a 25-basis-point cut in next month’s Fed meeting. On Wednesday, U.S. Treasury yields rose as rising stock prices reflected improving risk.
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The yield on 10-year U.S. Treasuries dropped 16 basis points to 2.69 percent as the note jumped the most since 2011. gold rose more than 4 percent oil surged 2.5 percent. The Federal Open Market.
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· U.S. Global Investors. Now that gold has broken through the $1,450 an ounce level, a six-high year high, the next big test is $1,500. And as I’ve said before, it can do this in the blink of an eye under the right conditions. We may end up seeing those conditions emerge sooner rather than later.
Xero Ltd., a New Zealand-based provider of online accounting software, rocketed 268 percent in the first 10 months. reasoning that the mortgage market would recover and that the companies would.
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