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  • NEW YORK, Jan 13- The U.S. dollar dropped to its lowest in four weeks against the yen on Monday and bond yields fell to a three-week low after last week's soft U.S. jobs data dampened optimism about the outlook for the world's largest economy.

  • The extension will allow advisers to analyze and understand guidance that the SEC released on Friday clarifying parts of the definition, said Allen Robertson, president of the National Association of Bond Lawyers.

  • CHICAGO, Jan 13- Illinois will sell $1 billion of general obligation bonds on Feb. 6 in its first tax-exempt debt deal since enacting reforms to its public pension system last month, a state official said on Monday.

  • *Fed buys $1.24 bln TIPS due 2040-2043. NEW YORK, Jan 13- U.S. "There had been some people talking up extreme growth this year," said Michael Cloherty, head of U.S. rates strategy at RBC Capital Markets in New York.

  • DETROIT, Jan 13- The agreement struck with two banks by Detroit to end toxic interest rate swap agreements was not in the best interest of the city, the groups objecting to the deal said during closing arguments in a bankruptcy court hearing on Monday.

  • *Nine out of 10 worst UK funds in 2013 focused on gold. It comes as no surprise then that nine of the 10 worst-performing funds in the UK in 2013, and six out of the 10 worst in the United States made bets on gold equities. At the top of that list is the Junior Gold fund, which lost almost 66 percent- a level that even its manager, Angelos Damaskos, describes as "eye-watering".

  • *Fed to buy $1 bln- $1.25 bln TIPS due 2018-2043. NEW YORK, Jan 13- U.S. The lower-than-expected jobs gain is not yet seen as likely to alter the Fed from its course of reducing bond purchases, which were cut in December by $10 billion to $75 billion- a-month and are seen as likely to be further pared over coming months.

  • LONDON, Jan 13- Britain sought on Monday to reassure bondholders by promising to honour all 1.2 trillion pounds of UK government debt regardless of whether Scots vote for independence in a referendum this year.

  • That idea has caught on, especially recently: In 2013, everyone from 401 providers to mom and pop embraced index funds, sending almost $2 into them for every $1 they invested in actively managed funds, according to Morningstar.

  • UK confirms debt pledge ahead of Scottish referendum Monday, 13 Jan 2014 | 4:50 AM ET

    LONDON, Jan 13- The British government confirmed on Monday that it will take responsibility for all British government debt should Scotland vote for independence in September, a move it hopes will avoid jitters in bond markets ahead of the referendum.

  • In a hint that the relentless sell-off that sucked $62.6 billion out of municipal bond funds in 2013 is winding down, data from Lipper on Thursday showed net outflows slowed to just $18.99 million in the week ended Jan. 8. Moreover, the funds may soon see a few weeks of net inflows, said Tom Roseen, head of research services for Lipper, a Thomson Reuters company.

  • NEW YORK, Jan 10- Investors poured $5.3 billion into bond funds worldwide in the latest week while pulling profits out of stock funds after market gains in 2013, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

  • *Benchmark yields book biggest one-day drop in over two months. NEW YORK, Jan 10- U.S. "We are seeing a solid rally across maturities because of the weak payroll print," said Jake Lowery, portfolio manager at ING U.S. Investment Management in Atlanta, which oversees $190 billion in assets.

  • WASHINGTON, Jan 10- The U.S. Supreme Court on Friday agreed to consider a dispute over subpoenas in a case stemming from long-running litigation over Argentina's obligations to bond investors in the wake of its default on $100 billion in sovereign debt in 2002..

  • TREASURIES-Weak U.S. jobs data sparks U.S. bond rally Friday, 10 Jan 2014 | 11:26 AM ET

    *Fed buys $3.3 bln medium-dated Treasuries due in 2020. NEW YORK, Jan 10- U.S. "We are seeing a solid rally across maturities because the weak payroll print," said Jake Lowery, portfolio manager at ING U.S. Investment Management in Atlanta.

  • *Fed to buy $2.5- $3.5 bln Treasuries due in 2019-2020. NEW YORK, Jan 10- U.S. The market rise was mitigated by a surprise drop in the unemployment rate to 6.7 percent, which was the lowest since October 2008, although the drop stemmed partly from people leaving the workforce.

  • *U.S. jobs market surprisingly weak in December. *Gold heads for flat week after best run since October. NEW YORK/ LONDON, Jan 10- U.S. bond prices jumped and global equity markets pared gains on Friday, after a surprisingly weak month for jobs growth in the United States that was somewhat affected by bad weather.

  • NEW YORK, Jan 10- U.S. stock index futures trimmed gains on Friday, after the December nonfarm payroll report came in sharply below expectations.

  • RPT-US STOCKS-Futures rise ahead of payrolls report Friday, 10 Jan 2014 | 8:16 AM ET

    *Alcoa shares slide after results. NEW YORK, Jan 10- U.S. stock index futures climbed in low volume on Friday as traders awaited a key report on employment in the world's largest economy. "I expect the number to be strong and an initial surge to 1,850 on the S&P," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York.

  • Moody's announces its decision on Portugal's credit standing later on Friday under a new EU-regulated schedule of rating reviews. Standard& Poor's will release its assessment on Portugal on Jan. 17 and while many market participants say an upgrade of Portugal's "junk" status was unlikely, they expected both Moody's and S&P to raise their outlooks.