There has been big moves UP on this index. It has roiled the market search for yield. But it leads to profits for QBE as they are mandated since 2001 to invest in US treasuries
As the bond market price falls yields go higher because the face value is unchanged
US treasury prices fell on Monday (yields higher) with traders preparing for more bond supply this week. US Treasury is due to sell $24 billion in three-year notes on Tuesday, $24 billion in 10-year notes on Wednesday and $16 billion in 30-year bonds on Thursday. US two-year yields rose by 3 points to 0.62 per cent while US 10-year yields rose by 12 points to 2.28 per cent.
There has been big moves UP on this index. It has roiled the...
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Last
$17.18 |
Change
0.120(0.70%) |
Mkt cap ! $25.70B | |||
| Open | High | Low | Value | Volume |
| $17.08 | $17.23 | $17.04 | $4.699M | 274.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1898 | $17.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.19 | 3892 | 24 |
View Market Depth
| Last trade - 11.09am 02/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |