Breaking News

Oil Prices Limit Weekly Gains

Oil prices declined on Friday, amid concerns about the second wave of the COVID-19 pandemic and its impact on the global demand for energy. However, losses were marginal due to support from the commitment expressed by the OPEC+ alliance to output curbs. Brent crude futures for December delivery plunged by …

Read More »

US Treasury Yields Rises

The United States Treasury yields increased on Friday after data showed an increase in retail sales, improving the outlook for economic recovery from the impacts of the COVID-19 pandemic. Return on the 10-year Treasury bonds increased by 0.7 basis point to 0.741%. The yield on 30-year bonds rose by 1.6 …

Read More »