Treasury futures contracts fell after Federal Reserve Chair Janet Yellen said the U.S. central bank is on track to raise interest rates this year.
Futures for December delivery dropped 7/32, or US$2.19 ($3.11) per $1,000 face amount, to 127 28/32 in electronic trading.
Yellen is trying to prepare market participants for the rate increase, said Kazuaki Oh’e, a debt salesman at CIBC World Markets Japan Inc. in Tokyo.
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Futures for December delivery dropped 7/32, or US$2.19 ($3.11) per $1,000 face amount, to 127 28/32 in electronic trading.
Yellen is trying to prepare market participants for the rate increase, said Kazuaki Oh’e, a debt salesman at CIBC World Markets Japan Inc. in Tokyo.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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