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  • NEW YORK, Nov 24- U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise. Over the past few months a growing number of asset managers, including Neuberger Berman, Natixis Global Management and T. Rowe Price have been...

  • Issuers face a Dec. 1 deadline to report disclosure violations to the Securities and Exchange Commission in the regulator's latest stab at strengthening regulation of the $3.7 trillion municipal market. In the last two years, the SEC has charged cities, school districts and even a state with failing to disclose required information. Next year the SEC plans on "...

  • Treasury long bond yields fell on Friday in thin trading, in line with declines in the eurozone after European Central Bank President Mario Draghi said the central bank was prepared to do more to stimulate the sluggish eurozone economy. U.S. government bonds took a cue from European markets, where Draghi's comments lifted eurozone debt and pushed yields on...

  • LONDON, Nov 21- British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for 5.6 billion pounds, as British pension reform puts pressure on insurance companies to find new business. Aviva's all-share offer of 0.74 shares for every Friends Life share implies a 15 percent premium to the closing price on Friday.

  • Nov 21- British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for 5.6 billion pounds, as British pension reform puts pressure on insurance companies. Aviva's all-share offer of 0.74 shares for every Friends Life share implies a 15 percent premium to the closing price on Friday. Friends Life shareholders would also...

  • NEW YORK, Nov 21- U.S. Treasury long bond prices edged higher on Friday in line with gains in euro zone debt after European Central Bank President Mario Draghi said the central bank is prepared to do more to stimulate a sluggish euro zone economy. U.S. government debt took a cue from European markets, where Draghi's comments lifted euro zone debt and pushed yields on...

  • NEW YORK, Nov 21- U.S. stock index futures rose on Friday, setting major indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy. *The People's Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent.

  • *Draghi says stronger recovery unlikely in coming months. *Short-term inflation expectations seen "excessively low". FRANKFURT, Nov 21- European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying "excessively low" inflation had to be raised quickly by whatever means necessary.

  • TOKYO, Nov 21- The cost of insuring Japanese government debt has risen to a one-year high after Japanese Prime Minister Shinzo Abe's decision to postpone a tax hike sparked worries about the country's weak fiscal position. The spread on Japan's credit default swaps widened to 59.5 basis points over U.S. Japan's CDS has widened by 20 basis points in the last two...

  • NEW YORK, Nov 21- Middleby Corp, maker of high-end kitchen appliances for both professional and home cooks, has become a new favorite of fund managers as it benefits from changing American dining habits. That push away from Big Macs has spurred Middleby's revenue growth, which hit 14 percent in its current fiscal year, and prompted 81 mutual funds, including those...

  • JGBs edge up, BOJ buying helps longer-dated maturities Thursday, 20 Nov 2014 | 9:28 PM ET

    TOKYO, Nov 21- Japanese government bond prices edged up on Friday, lifted by slipping Tokyo shares and overnight gains in U.S. A regular operation by the Bank of Japan, through which large amounts of government debt is purchased for its monetary easing programme, also supported longer-dated JGBs. Tokyo's Nikkei skidded 0.9 percent as selling ahead of a long...

  • LONDON- NIGERIA HAS NO PLANS FOR EUROBOND IN 2015- FINANCE MINISTER.

  • Nov 20- Bill Gross just got a huge vote of confidence from legendary investor George Soros. Soros Fund Management LLC, which Soros chairs, has invested $500 million in an account run by Gross at Janus Capital Group Inc, the Denver- based firm said on its website on Thursday. Soros Fund Management approached Gross after he resigned from Pimco in late September, a...

  • *China, Europe data weigh on market. Treasury debt prices inched higher on Thursday as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan and Europe, and certainly we'll wait and see if...

  • NEW YORK, Nov 20- Six years of interest rate suppression by the U.S. "The high-yield market is sort of in a bubble and sooner or later there will be a price paid for that," said Carl Icahn, the billionaire investor who said he owns credit default swaps on high yield debt against the 5- year U.S. Martin Fridson, chief investment officer of wealth management firm Lehmann...

  • Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. But pessimistic data out of Europe and China outweighed the impact of sturdy U.S. data. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan, and...

  • TOKYO, Nov 20- Japanese government bond prices gained on Thursday on solid auction results, with the 30- year bond yield hitting a 1 1/ 2- year low. A 400 billion yen auction of reopened of JGBs maturing between five and 15 years drew firm bids, helping to support the market. Longest maturities continued to benefit from the Bank of Japan's decision to sharply boost...

  • Caesars, creditors consider turning unit into REIT Wednesday, 19 Nov 2014 | 6:14 PM ET

    Caesars Entertainment proposed a restructure plan that would the debt of its largest unit into a real estate investment trust.

  • NEW YORK, Nov 19- Citigroup Inc is considering a sale of its index business, two sources familiar with the situation said on Wednesday, making it the latest bank to think about jettisoning benchmarking amid increased regulatory scrutiny. About $174 billion in exchange traded fund and mutual fund assets track Citigroup indexes, according to Morningstar.

  • Bond yields, which move inversely to prices, initially trimmed gains as the headlines from the Fed minutes showed a slightly dovish bent, according George Goncalves, head of U.S. rates strategy at Nomura Securities in New York. "On balance, the Fed's statement, released at the conclusion of its Oct. 29 meeting was surprisingly hawkish, a tone that was not maintained...