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8 Feb 2016

US 10-yr treasury yield hit one-year low

FXStreet (Mumbai) - The ongoing flight to safety pushed the yield on the benchmark 10-yr treasury note to its 12-month/1-year low.

The yield hit a low of 1.786%, before recovering slightly to 1.8%; down more than 5 basis points on the day. Meanwhile, the yield on the 2-yr treasury, which mimics rate hike bets, fell 4 basis points to 0.686%.

The markets began the week on a sour note as investors are worried about the health of the US economy, following the horribly weak US non-farm payrolls released on Friday.
Feb 8, 2016

US equity index futures point to weak opening

The major equity index futures in the US indicate the indices are likely to open sharp lower following a weak closing on Friday.
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Feb 8, 2016

Brent oil: Recovers to hourly 200-MA

Brent oil futures recovered from the daily lows, but prices appear stuck around the hourly 200-MA resistance located at USD 33.90 levels.
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