TREASURIES-30Y bond recovers from sell-off before auction

TREASURIES-30Y bond recovers from sell-off before auction

* Bargain-hunting emerges since average 10-year auction * 30-year bond sale seen solid with risk of higher yield * Fed buys .3 bln in government notes due 2016/2017 * Central banks said crowded out dealers ...

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Markets to end higher, Banking shares surge

Markets surged higher on bargain hunting and strong IIP data also lifted sentiment. Rally in banking and capital goods sectors has pulled the Sensex to 19,395-up 153 points. The S&P CNX Nifty has gained 58 points to 5842.

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S.Africa probes Dewani murder link to 2007 case

South African police are probing a link between a Cape Town murder of the wife of a British businessman and a 2007 killing of a local doctor under similar circumstances, media said Sunday.

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