Home / Market Update (page 2005)

Market Update

Austrian Economy Shrank by 10.7% in Q2

Wifo said on Thursday that the Austrian economy shrank by 10.7% in the second quarter, marking the largest contraction since World War II as the Corona pandemic hit domestic and foreign demand. Wifo, which is complies data for the government, said that the hardest hit sectors are retail, hotels, restaurants, …

Read More »

US Treasury Yields Mixed Following Fed’s Statement

The US Treasury yields showed mixed movements on Wednesday, following the Federal Reserve’s decision to maintain interest rates near zero, with the monetary policy statement vowing to maintain the current interest range until economic recovery is achieved. The benchmark 10-year Treasury bond yield declined 0.5 basis point (bps) to 0.576%. …

Read More »