Treasury Note Yields Climb Most Since March 2006 on Job, Production Growth

(Bloomberg) -- Yields on benchmark 10-year Treasury
notes increased the most in more than a year after reports
showed better-than-expected gains in employment, manufacturing
and service industries.

Government statistics next week are expected to show a
rebound in consumer confidence and that weekly claims for
jobless benefits remain at a level indicating strength in the
labor market. Interest-rate futures show traders pared bets the
Federal Reserve will cut interest rates this year.


Read more at Bloomberg Bonds News

US Stocks may rise as earnings season starts

(Reuters) - U.S. stocks could rise next week if the first wave of quarterly earnings inject optimism about results for the period and on economic growth that has surprised on the upside.

Alcoa Inc., the world's largest aluminum company, kicks off another earnings season on Monday, and results from the second quarter could surprise on the upside because of the weak U.S. dollar.


Read more at Reuters Africa