AIRLINK 210.97 Decreased By ▼ -7.01 (-3.22%)
BOP 10.67 Decreased By ▼ -0.26 (-2.38%)
CNERGY 7.41 Decreased By ▼ -0.14 (-1.85%)
FCCL 33.57 Decreased By ▼ -1.26 (-3.62%)
FFL 18.41 Decreased By ▼ -0.91 (-4.71%)
FLYNG 23.62 Decreased By ▼ -1.53 (-6.08%)
HUBC 131.39 Increased By ▲ 0.30 (0.23%)
HUMNL 14.10 Decreased By ▼ -0.46 (-3.16%)
KEL 4.98 Decreased By ▼ -0.20 (-3.86%)
KOSM 7.16 Decreased By ▼ -0.20 (-2.72%)
MLCF 43.76 Decreased By ▼ -1.87 (-4.1%)
OGDC 213.56 Decreased By ▼ -8.52 (-3.84%)
PACE 7.45 Decreased By ▼ -0.71 (-8.7%)
PAEL 41.53 Decreased By ▼ -2.66 (-6.02%)
PIAHCLA 17.47 Decreased By ▼ -0.22 (-1.24%)
PIBTL 8.60 Decreased By ▼ -0.37 (-4.12%)
POWERPS 12.50 Decreased By ▼ -0.01 (-0.08%)
PPL 189.60 Decreased By ▼ -3.41 (-1.77%)
PRL 44.31 Increased By ▲ 1.14 (2.64%)
PTC 24.97 Decreased By ▼ -1.66 (-6.23%)
SEARL 103.37 Decreased By ▼ -3.71 (-3.46%)
SILK 1.03 Decreased By ▼ -0.01 (-0.96%)
SSGC 40.50 Decreased By ▼ -4.50 (-10%)
SYM 19.52 Decreased By ▼ -1.67 (-7.88%)
TELE 9.44 Decreased By ▼ -0.71 (-7%)
TPLP 13.50 Decreased By ▼ -1.01 (-6.96%)
TRG 64.47 Decreased By ▼ -2.81 (-4.18%)
WAVESAPP 10.90 Decreased By ▼ -0.39 (-3.45%)
WTL 1.65 Decreased By ▼ -0.05 (-2.94%)
YOUW 4.21 Decreased By ▼ -0.04 (-0.94%)
BR100 12,191 Decreased By -205.8 (-1.66%)
BR30 36,583 Decreased By -764.3 (-2.05%)
KSE100 116,255 Decreased By -1331.9 (-1.13%)
KSE30 36,603 Decreased By -461.7 (-1.25%)

US Treasury yields dipped on Thursday, with two-year note yields hitting their lowest level in nearly two weeks, after the Federal Reserve kept rates unchanged after its two-day policy meeting. US short- and long-dated yields fell after the Fed kept rates unchanged in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year.
Fresh economic projections showed 13 of 17 Fed policymakers still foresee raising rates at least once in 2015, down from 15 at the last meeting in June. Four policymakers now believe rates should not be raised until at least 2016, compared to two who felt that way in June. Market participants were watching the statement closely to see if the Fed would hike rates for the first time since 2006. US two-year yields hit 0.69 percent, marking a nearly two-week low. Five- and three-year yields hit over one-week lows of 1.48 percent and 0.99 percent, respectively.
"There's relief (in the bond market) that there's less pressure for hikes this year," said Robert Tipp, chief investment strategist at Prudential Fixed Income in Newark, New Jersey. US 30-year Treasury bonds were last up 1-7/32 in price to yield 3.03 percent, from a yield of 3.09 percent late Wednesday. Benchmark 10-year Treasury notes were last up 27/32 in price to yield 2.21 percent, from a yield of 2.30 percent late Wednesday. Two-year notes were last up 6/32 in price at 0.70 percent, from a yield of 0.81 percent late Wednesday.

Copyright Reuters, 2015

Comments

Comments are closed.