The US economy expanded by less than forecast at 2.8% in the fourth quarter of 2011, official figures have revealed.
US treasuries have seen their worst start to a year since 2003 as investors grow more confident over the strength of the US and global economies.
The US Federal Reserve is to start publishing forecasts of where it expects interest rates to be in the future in an effort to strengthen the economic recovery.
Investment veteran Jim Rogers has branded US treasuries as the one of the last remaining asset bubbles left in the world.
The Federal Reserve has opted to leave monetary policy unchanged and continue with Operation Twist at least until the new year, amid signs the world's largest economy has been expanding.
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve and the Swiss National Bank have announced coordinated actions to enhance their capacity to provide liquidity support to the global financial system....
Global stock markets rallied hard yesterday on news of co-ordinated action by major central banks to improve liquidity, but analysts are divided over whether it will lift markets further in December.
The Dow Jones Industrial Average rose by almost 500 points overnight as US indices jumped following news of co-ordinated central bank action to ease liquidity concerns.