• WASHINGTON, July 2- Monetary policy faces "significant limitations" as a tool to counter financial stability risks, Federal Reserve Chair Janet Yellen said on Wednesday, adding that heading off the U.S. housing bubble with higher interest rates would have caused major economic damage.

  • BUENOS AIRES, July 2- Argentina will press a U.S. judge to unfreeze a coupon payment to holders of the country's restructured debt as a condition for negotiating with' holdout' creditors suing for full repayment, a government official said on Wednesday.


  • NEW YORK, July 2- U.S. U.S. companies hired 281,000 workers in June, marking the biggest monthly increase since November 2012, the ADP National Employment Report showed. "It was obviously a decent number," said Sean Murphy, a Treasuries trader at Societe Generale in New York.

  • NEW YORK, July 2- Some of the biggest global investors have started to pull back from riskier fixed-income assets even as the Federal Reserve keeps on a green light for risk. Loomis Sayles, GAM, and Standish are among those who say U.S. investment grade and high yield corporate bond prices have gone too far, making returns less compelling.

  • Benchmark JGBs edge down ahead of 10-year auction Tuesday, 1 Jul 2014 | 10:53 PM ET

    TOKYO, July 2- Benchmark Japanese government bond prices slipped slightly on Wednesday ahead of Thursday's 10- year sale, while prices were steady in the superlong zone. The Bank of Japan did not offer to buy JGBs under its massive asset-buying scheme on Wednesday.

  • WASHINGTON, July 1- Creditors to Puerto Rico's electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • RIO DE JANEIRO, July 1- Brazil's central bank will kick off on Wednesday the rollover of currency swaps that expire early in August by offering less contracts than it did last month, a sign it wants to stop the real from gaining much further.

  • WASHINGTON, July 1- Creditors to Puerto Rico's troubled electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • NEW YORK, July 1- Stock markets around the world rallied at the start of the second half of 2014 on Tuesday, propelled by solid U.S. and Chinese economic data and the notion that central banks will keep interest rates low for some time. "It seems things are clicking," said Jonathan Golub, chief U.S. market strategist at RBC Capital Markets in New York.

  • WASHINGTON, July 1- Moody's pushed its rating on Puerto Rico's debt deeper into junk territory on Tuesday and prices of the island's troubled electric authority's bonds plunged as investors awaited word on whether they would receive a scheduled payment on the securities.

  • NEW YORK, July 1- U.S. "Nobody wants to go into this one with a strong position on," said Gennadiy Goldberg, interest rate strategist with TD Securities in New York. The Institute for Supply Management said its index of national factory activity was 55.3 in June, almost unchanged from May's 55.4 reading.

  • Markit, ISM factory data due. NEW YORK, July 1- U.S. stock index futures kicked off the third quarter with early gains Tuesday, buoyed by a report showing China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.

  • TOKYO, July 1- Japanese government bond prices were mostly modestly higher on Tuesday, the first trading day of the quarter. The results of Tuesday's purchases by the Bank of Japan under its massive asset-buying scheme were largely in line with market expectations, and had limited impact on the broader market.

  • *CSRC cracking down on insider trading at mutual funds. By Lu Jianxin and Pete Sweeney. SHANGHAI, July 1- A crackdown by Chinese regulators on insider trading in the country's $1.2 trillion mutual fund industry has sparked an exodus of fund managers from the industry.

  • *MSCI's global index, European shares post quarterly gains. NEW YORK, June 30- Global stock markets posted a fourth straight quarter of gains on Monday, aided by the loose monetary policies of major central banks that have helped drive risk appetite, while concerns about the world's economic health have underpinned government debt.

  • *Month-end buying spurs price gains. NEW YORK, June 30- U.S. "People are generally buckling down their books, being less active, and waiting for the new quarter before taking on new trades," said Jeffrey Young, interest rate strategist at Nomura Securities in New York.

  • June 30- Puerto Rico's troubles continued to worsen on Monday after mutual funds holding about $1.7 billion in its debt sued the commonwealth while other investors sold the bonds on concerns the island's finances could deteriorate further.

  • Oracle targets US$10bn debt raise with new bond Monday, 30 Jun 2014 | 1:55 PM ET

    NEW YORK, June 30- Oracle Corp on Monday launched a US $10 billion seven-part bond offering to finance its pending acquisition of Micros Systems and potential share buybacks as it looks to boost growth. Oracle, the world's number two business software maker, announced it was buying Micros Systems last week.