Bonds
Short Term Rates
| Prime | 5.00 |
| Discount | 2.25 |
| Fed Funds | 2.00 |
| 1 Month Libor | 2.49 |
| 3 Month Libor | 2.81 |
US Treasury Rates
| Rate | Price | Yield | Maturity Date |
|---|---|---|---|
| 3 Month | 1.66 | 1.67 | 28 Nov 2008 |
| 6 Month | 1.88 | 1.91 | 26 Feb 2009 |
| 2 Year | 100.01 | 2.36 | 31 Aug 2010 |
| 5 Year | 101.45 | 3.05 | 31 Jul 2013 |
| 10 Year | 101.67 | 3.79 | 15 Aug 2018 |
| 30 Year | 101.53 | 4.41 | 15 May 2038 |
UPDATE 2-RBC profit falls, but better than expected
TORONTO, Aug 28 (Reuters) - Royal Bank of Canada said on Thursday third-quarter profit fell 10 percent after C$498 million in writedowns, but charges were lower than many had feared and underlying profit beat market expectations. Full Article
Three years after Katrina, Gulf ports at risk
PORT FOURCHON, La., Aug 28 (Reuters) - The drive south from New Orleans toward the Gulf of Mexico is a study in coastal vulnerability. Full Article
US RATE FUTURES-Ideas of Fed hikes up but no major shift
CHICAGO, Aug 28 (Reuters) - Interest rate futures dealers saw no seismic shift in potential Federal Reserve policy on Thursday despite a much larger than expected revision to second-quarter U.S. economic growth. Full Article
US STOCKS-Futures point to higher open after GDP data
*Oil price rises on in advance of Tropical Storm Gustav Full Article
Top accounting firms crack whip
NEW YORK (Reuters) - Recent U.S. accounting regulations have pushed for consistency in corporate reporting but some accounting firms are more aggressively interpreting the rules than others, likely leading to inconsistency and investor confusion. Full Article
UPDATE 1-US jobless claims a touch lower than expected
WASHINGTON, Aug 28 (Reuters) - The number of U.S. workers filing new claims for jobless benefits fell by 10,000 last week, government data on Thursday showed, but remained at elevated levels indicating a weak labor market. Full Article
US STOCKS-Futures rise on stronger-than-expected GDP data
NEW YORK, Aug 28 (Reuters) - U.S. stock index futures rose on Thursday on optimism about the economy after the government's higher-than-expected revision to growth in gross domestic product for the second quarter. Full Article
UPDATE 2-Bank of China profit up; overseas holdings weigh
HONG KONG/BEIJING, Aug 28 (Reuters) - Bank of China , the country's flagship foreign exchange lender, posted a forecast-beating 15 percent rise in second-quarter profit as rising fee income helped offset its exposure to overseas holdings including subprime U.S. mortgage assets. Full Article
US RATE FUTURES-Chance of rate hike rises on Q2 GDP data
CHICAGO, Aug 28 (Reuters) - U.S. short-term interest rate futures slipped on Thursday, pushing up the implied chances for Federal Reserve rate hikes in the new year after second-quarter growth was revised up much more than expected. Full Article
TREASURIES-Bonds extend losses on revision to U.S. Q2 GDP
NEW YORK, Aug 28 (Reuters) - U.S. Treasury debt prices extended losses on Thursday after the government'shigher-than-expected revision to gross domestic product for the second quarter. Full Article
