Global Economic Prospects 2014

Five years after the financial crisis, the world economy is showing signs of bouncing back. Read more ...

Development Prospects

Providing information, analysis, and advice on global trends in the world economy.  Find out more ...

Global Economic Monitor

Now free. Daily and monthly updates on global economic developments and relevant topical issues. Find out more ...

Syndicate content

​Prospects Daily: U.S. government bonds rise on slower economic growth, Spain grows the fastest in 6 years, South Africa’s trade balance records a larger-than-expected deficit in March

Global Macroeconomics Team's picture
Financial Markets
Treasury securities strengthened on Wednesday as U.S. first-quarter economic growth slowed more than forecasted, boosting demand for safe-have government debt. Weak U.S. GDP number fueled speculation the Federal Reserve won’t accelerate pace in withdrawing monetary stimulus. In recent trading, the benchmark 10-year yields dropped 3 basis points (bps) to 2.66%, while 5-year note yield declined 4 bps to 1.70%.