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  • Moody's raises Egypt's outlook to stable Monday, 20 Oct 2014 | 11:03 AM ET

    CAIRO— Moody's Investor Services said Egypt's political and security situation has stabilized, raising the country's outlook from negative to stable. However, Moody's stopped short of upgrading Egypt's government bond rating; the rating will remain at "Caa1," _essentially at junk bond level. Moody's said the continued low rating, "reflects the very weak and...

  • NEW YORK, Oct 20- U.S. Wall Street shares prices opened lower and European stocks declines on disappointing results from IBM and German business software maker SAP respectively. "It's a bit of a risk-off trade today, which is supportive of Treasuries," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York.

  • US STOCKS-Futures lower as weak IBM earnings weigh Monday, 20 Oct 2014 | 8:04 AM ET

    *IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stock index futures were lower on Monday, on the heels of a fourth week of losses for the benchmark S&P 500, as quarterly results from IBM disappointed. IBM shares slumped 7 percent to $169.24 as the most actively traded stock on the New York Stock Exchange in premarket after the company's third-quarter...

  • US STOCKS-Futures fall after weak IBM earnings Monday, 20 Oct 2014 | 7:49 AM ET

    *IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stock index futures were lower on Monday, following a fourth week of losses for the benchmark S&P, as quarterly results from IBM disappointed. *IBM shares slumped 7.7 percent to $168.10 in premarket trade after the company's third-quarter earnings fell well short of Wall Street expectations.

  • TOKYO, Oct 20- Tokio Marine& Nichido Fire Insurance expects to keep its Japanese bond holdings largely unchanged this fiscal year ending in March 2015, and might consider buying U.S. Tokio Marine& Nichido Fire is the core arm of Tokio Marine Holdings, one of Japan's big three non-life insurer groups. Yoshiaki Nakahara, deputy general manager of portfolio...

  • LONDON, Oct 20- Euro zone bond yields dipped on Monday after solid U.S. economic data eased some of the concerns over a slowdown in global growth that led to sharp sell-offs in peripheral debt last week. Signs that another recession may be brewing amidst a broader slowdown in global growth have caused investors to refocus on high debt levels in countries like...

  • JGB yields pull back from lows as Tokyo stocks rally Sunday, 19 Oct 2014 | 10:17 PM ET

    TOKYO, Oct 20- Japanese government bond yields pulled back from recent lows on Monday as a rally in Tokyo stocks dented demand for safe-haven debt. Market participants still expect the two-year yield to remain near record lows as the Bank of Japan's quantitative easing, through which it buys large amounts of short-term debt, has driven up demand for those...

  • Market turmoil: A gift for mortgage refinancers? Saturday, 18 Oct 2014 | 9:01 AM ET

    A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans:. Rates on long-term mortgages tend to track the 10- year Treasury yield, which fell below 2 percent for the first time since May 2013. Accordingly, the average rate for a 30- year fixed mortgage, mortgage giant Freddie Mac reported, dipped below 4 percent to 3.97 percent—...

  • BUENOS AIRES, Oct 17- Argentina will launch a new two-year sovereign bond on Oct. 23 for up to $1 billion, denominated in U.S. dollars and paid in the local peso currency, the Economy Ministry said in a statement on Friday. The new bond will have an annual coupon of 1.75 percent, the statement said, adding that the minimum amount to be launched on Thursday will be $500...

  • BOSTON, Oct 17- Taking a page from his last job, Eaton Vance's new Chief Equity Investment Officer bets that reorganizing his analysts into new teams will boost performance. Since joining the Boston company in April from Goldman Sachs, Edward Perkin has regrouped Eaton Vance's 27 stock analysts into teams meant to develop investment ideas that match the...

  • NEW YORK, Oct 17- U.S. That yield peak came after news the Thomson Reuters/ University of Michigan index of consumer sentiment unexpectedly rose in early October to more than a seven-year high. "The strong consumer confidence number, combined with yesterday's healthy drop in jobless claims, and the' don't end quantitative easing now' talk by Fed Governor Bullard, is...

  • NEW YORK, Oct 17- U.S. states and cities are urging regulators to let banks treat municipal bonds as liquid assets, arguing in a letter that munis are among the safest investments and "highly tradeable." "We urge your agencies to amend your recent decision to not treat municipal securities as High Quality Liquid Assets," said a letter, dated Oct. 16 and signed by...

  • *HKEx sees bonanza in China after $2.2 bln LME takeover. To churn out profits, the LME plans to attract more financial investors such as hedge funds and expand its tentacles into mainland China, which for now remains elusive. As part of a strategy of expanding into China, the LME plans to add the Chinese currency as collateral for clearing of metals contracts by...

  • TREASURIES-Prices off as global markets recover Friday, 17 Oct 2014 | 10:09 AM ET

    *Wall Street, European stocks up. Treasuries prices posted their second straight day of declines on Friday as Wall Street and European stock markets bounced back from a sharp sell-off. But on Friday, Wall Street's main indices were up nearly 1 percent, and the MSCI index of world stocks was ahead 0.85 percent.

  • US STOCKS-Futures jump on Fed speculation, results Friday, 17 Oct 2014 | 8:15 AM ET

    NEW YORK, Oct 17- U.S. stock index futures jumped on Friday following a batch of solid earnings reports and on hopes the Federal Reserve might slow the wind-down of its stimulus in light of recent weakness in global demand. The S&P 500 and Nasdaq eked out slight gains on Thursday after another choppy session as economic data eased fears about the potential effect...

  • UK gilts tumble for second day as equities rebound Friday, 17 Oct 2014 | 8:13 AM ET

    LONDON, Oct 17- British government bonds fell steeply for a second day on Friday, after share prices rebounded and investors judged that Wednesday's leap up in gilt prices was overdone. Added into the mix were comments from the Bank of England's chief economist that-- although the outlook was gloomier than three months ago, with a risk of long-term stagnation-- a...

  • Goldman Sachs in talks to buy ETF provider: Sources Thursday, 16 Oct 2014 | 11:37 PM ET

    Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.

  • JGBs mostly edge higher ahead of 5-year auction Thursday, 16 Oct 2014 | 11:14 PM ET

    TOKYO, Oct 17- Japanese government bonds mostly edged up on Friday, as investors positioned ahead of this session's five-year JGB sale. The Ministry of Finance lowered the coupon rate of the new 5- year issue from 0.20 percent, to the lowest level since July. JGB market participants widely expected the sale to go smoothly on expectations the Bank of Japan would buy...

  • U.S. repo rate rises to highest since March Thursday, 16 Oct 2014 | 4:34 PM ET

    NEW YORK, Oct 16- A key short-term U.S. interest rate on Thursday reached nearly a seven-month high on demand to finance a flood of Treasuries that hit the open market following a massive stampede out of bearish bond bets the day before. In the $5 trillion U.S. repurchase agreement market, the overnight interest rate for banks and Wall Street firms to borrow and fund...

  • Oct 16- Goldman Sachs Group is in discussions to acquire IndexIQ, a Rye Brook, New York- based exchange-traded fund provider, according to three sources familiar with the situation. In September, Goldman sought permission from the U.S. Securities and Exchange Commission to introduce a series of actively managed ETFs 1/ 8 ID: nL2N0RN1N7 3/ 4. However, if Goldman were...