Financial Times FT.com

Investors drop risk after US GDP data

ByTelis Demos in London

Published: July 30 2010 08:45 | Last updated: July 30 2010 22:43

Friday 21:30 BST. Markets are selling off risk after US GDP growth in the second quarter came in lower than expected, though anxiety lessened as markets digested the mixed bag of data.

The FTSE All-World index is down 0.2 per cent and the S&P 500 index closed up a fraction after a session spent mostly in negative territory. Two-year US Treasury bonds touched a new record low yield, and the yen saw new highs for the year.

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