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-0.00111049416990558 -0.00111049416990558 -0.00111049416990558 -0.00111049416990558 0.00277623542476406 0.00499722376457523 0.00573570238756251 0.0066629650194337
Stock impact report

TREASURIES-Price rally stalls as market ignores U.S. economic data [Reuters]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Reuters
TREASURIES-Price rally stalls as market ignores U.S. economic data - Reuters 3 Min Read NEW YORK, April 25 (Reuters) - Treasury yields were up slightly on Thursday morning amid mixed U.S. economic data, stalling a price rally that began on Wednesday. Yields fell by four to five basis points across maturities on Wednesday as investors piled into the safe-haven government bonds following a dovish report from Canada’s central bank and weak data from Germany and Australia. That rally was on pause in morning trade, with yields less than a basis point higher. A rise in jobless claims and strong headline capital goods orders, both reported on Thursday, inspired little action in the U.S. debt market. “It was difficult to read a whole lot into (the economic data). Jobless claims jumped up but that was because of a supermarket-worker strike. And around the holidays, it’s hard to get the seasonal adjustments right,” said Mike Lorizio, senior fixed income trader at Manulife Asset Management. “And Show less Read more
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