Advertisement
UK markets open in 48 minutes

  • NIKKEI 225

    38,415.26
    +863.10 (+2.30%)
     

  • HANG SENG

    17,186.69
    +357.76 (+2.13%)
     

  • CRUDE OIL

    83.51
    +0.15 (+0.18%)
     

  • GOLD FUTURES

    2,343.30
    +1.20 (+0.05%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,531.33
    +30.45 (+0.06%)
     

  • CMC Crypto 200

    1,417.53
    -6.57 (-0.46%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

TREASURIES-U.S. yield curve flattens as Fed sees less risks

Reuters - UK Focus

NEW YORK, July 27 (Reuters) - The spread between shorter-dated and long-dated Treasury yields contracted on Wednesday after the Federal Reserve said near-term risks on the U.S (Other OTC: UBGXF - news) . economy had abated, leaving the door open to raise interest rates later this year.

The yield difference between U.S. 5-year and 30-year Treasuries briefly narrowed to just under 110 basis points, which was its tightest level since March 2015 as traders favored longer-dated bonds which will fare better than shorter issues if the Fed increases short-term rates and inflation remains tame. (Reporting by Richard Leong; Editing by Chris Reese)