Treasury debt prices fell Monday, as manufacturing data that was not as dismal as some had feared tempered safe-haven bids, offsetting worries about a recession and troubles in the financial sector.
Treasury prices rose broadly Friday as investors sought safety from recession fears, knocking the yield on the two-year note down for the fourth consecutive day to the lowest since early 2004.
MBIA said Friday that it could face write-downs in the first quarter on its credit derivative positions, after further market weakness in the first two months of the quarter.
Municipal bonds are headed for their worst month in over four years, but some experts think this may be a good time to buy.
It's been another volatile week in stock markets, but that doesn't mean there aren't plenty of investment opportunities out there. If you need advice on where to put your money or adjust your portfolio then look no further.
The portion of U.S. junk bonds trading at distressed levels rose to 16.9 percent in February, up from 11.1 percent in January in a sign that defaults are headed higher, Standard & Poor's said on Wednesday.
Treasury prices surged as investors scrambled for safety after signs the economy may be spiraling into a recession and fears that the housing sector has not yet hit bottom.
Shorter-dated U.S. government bond prices were steady at lower levels on Wednesday after relatively weak demand in an auction of $26 billion of 2-year Treasury notes.
MBIA, the world's biggest bond insurer, is finished raising significant dilutive capital, CEO Jay Brown told CNBC.
Treasury prices rose as fears about the deteriorating economy and an unwillingness to take risks gained an edge over worries about rising inflation.
MBIA, the world's largest bond insurer fighting to hang on to its top-notch rating, said Monday it is eliminating its quarterly dividend in a move expected to save the company $174 million a year.
Stocks closed sharply higher after Standard & Poor's reaffirmed the triple A ratings on two big bond insurers, sparking an explosive rally.
Treasury prices fell on signs that a much-touted bond insurer bailout plan would pan out, although trading was indecisive ahead of congressional testimony by the Federal Reserve chief later in the week.
More trouble from the financial sector threatened yet again to thwart a mild rally on Wall Street.
Stocks moved into positive territory despite more signs of weakness in the housing market, as Genentech led pharmaceuticals higher.
Dresdner Bank, part of the Allianz insurance group, intends to support a rescue package for U.S. bond insurer Ambac Financial Group with a sum in the low double-digit millions of euros, the head of Dresdner's investment banking operations said on Monday.
Treasury prices were higher Friday as wary investors once more elected to play it safe by buying government bonds and selling stocks.
Treasurys rallied after a weaker-than-expected manufacturing report underscored the outlook for a weaker economy and easier monetary policy.
US government debt prices were flat Wednesday, trimming earlier gains, as the stock market's move into positive territory dimmed the safe-haven appeal of bonds.
The benchmark 10-year Treasury note fell one full point in price Tuesday, as rising stocks curbed the safe haven appeal of U.S. government bonds, traders said.