NEW YORK, July 28- U.S. Treasuries yields edged higher on Monday but remained in a tight recent range ahead of data and events this week that include closely watched jobs and other economic data, a Federal Reserve meeting and $93 billion in new coupon-bearing supply.» Read More
TOKYO, July 28- Japanese government bond prices ticked up on Monday, supported by rise in U.S. bond prices and buying in the long end from investors who gave up waiting for dips. The 10- year cash bond yield dipped 0.5 basis point to 0.520 percent while the 10- year futures price rose 0.09 point to 146.00.
BUENOS AIRES, July 26- Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
NEW YORK, July 25- Argentina, out of legal options to avoid paying a court-awarded $1.33 billion plus interest to holdout creditors who twice spurned a restructuring offer, has until July 30 to either pay them, negotiate a settlement or default.
July 25- Detroit released a revised debt adjustment plan on Friday that details the role of a post-bankruptcy monitor and sets up a reserve fund to possibly enhance recoveries for certain creditors.
Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. Following a U.S. judge's order, Argentina can't pay investors who accepted lower-valued bonds after its record $100 billion default in 2001 unless it also pays off creditors who didn't participate in previous bond swaps.
*Visa, Amazon decline as earnings disappoint. NEW YORK, July 25- U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.
July 25- Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term. Dividing the world up by regions, Goldman is overweight in Europe and Japan and underweight in the United States.
*30- year rises over 1 point; 10- year yields below 2.5 percent. NEW YORK, July 25- U.S. "We saw some flattening as a function of upcoming supply," said Kim Rupert, managing director at Action Economics in San Francisco.
NEW YORK— They're hot, yet many investors have no idea what they do. These mutual funds go by a few names, and it doesn't help that some are inscrutable like "liquid alts," but they generally fall under an umbrella known as alternative mutual funds. Investors plugged a net $35 billion into alternative mutual funds over the last 12 months, according to Morningstar.
NEW YORK, July 25- Uncle Sam shouldn't rush to sell bonds longer than 30 years because there is adequate supply to meet demand for long-dated U.S. government bonds right now, according to analysts at the broker-dealer unit of Nomura Holdings.
Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.
NEW YORK, July 25- U.S. "The underlying tone of this report was disappointing," said TD Securities strategist Millan Mulraine. Treasury prices had been up moderately or flat amid weakness in European stock markets shortly before the Commerce Department report but climbed afterwards.
*Baidu jumps as net profit soars. NEW YORK, July 25- U.S. stocks were set to dip at the open on Friday, weighed by weak results including those from Amazon, with the S&P 500 expected to remain near its record high and within striking distance of 2,000.. Dow Jones industrial average e-mini futures fell 21 points and Nasdaq 100 e-mini futures lost 13 points.
*Baidu jumps as net profit soars. NEW YORK, July 25- U.S. stock index futures edged lower on Friday, weighed by weak results including those from Amazon, and ahead of data on durable goods. Dow Jones industrial average e-mini futures fell 17 points and Nasdaq 100 e-mini futures lost 11 points.
The search for high yields and duration gained traction following the Brazilian government's $3.5 billion bond offering on Wednesday, with investors growing confident that interest rates in the United States will stand pat for a few more months, said Max Volkov, Bank of America Merrill Lynch's head of Latin America debt capital markets.
NEW YORK, July 25- Puerto Rico's worsening debt crisis is pushing the managers of some municipal junk bond exchange-traded funds to ditch their mandate for passive management.
Report: Chinese regulators conclude chip supplier Qualcomm Air Algerie jetliner with 116 people on board crashes in rainstorm in restive Mali Fewer and fewer US layoffs mean job security is as strong as it's been in more than 8 years Obama calls anew for limits on US company mergers overseas, says it's a question of patriotism Amazon shares fall on deeper-than-expected 2nd- quarter loss Starbucks 2nd- quarter profit rises as food offerings become a bigger driver to cafes Growth in payments volume helps drive Visa's 3 Q profit higher; outlook misses Street view Stocks end little changed as investors work through earnings and economic reports IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets Oil falls near $102, erasing previous day's gains, amid concern about US gasoline demand
TOKYO, July 25- Japanese government bond prices slipped on Friday, weighed down by higher Tokyo shares and an overnight retreat in U.S. The benchmark 10- year JGB yield rose 0.5 basis point to 0.525 percent. The JGB market showed little reaction to a rise in Japan's June core CPI, as the rise of 3.3 percent from the previous month was in line with forecasts.
NEW YORK, July 24- Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start direct talks.
Air Algerie jetliner with 116 people on board crashes in rainstorm in restive Mali Fewer and fewer US layoffs mean job security is as strong as it's been in more than 8 years Obama calls anew for limits on US company mergers overseas, says it's a question of patriotism Amazon shares fall on deeper-than-expected 2nd- quarter loss Starbucks 2nd- quarter profit rises as food offerings become a bigger driver to cafes Growth in payments volume helps drive Visa's 3 Q profit higher; outlook misses Street view Stocks end little changed as investors work through earnings and economic reports IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets Oil falls near $102, erasing previous day's gains, amid concern about US gasoline demand Revenue increases lift 2 Q profits at airlines, which share the bounty with investors