*Settlement talks in New York continue. *Tuesday's talks were first between hedge funds and Argentina. BUENOS AIRES/ NEW YORK, July 30- Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors suing it and avert a default, as a surge in the country's bond prices fed optimism that an agreement was possible.» Read More
NEW YORK, April 9- Short- and medium-term U.S. People are readjusting now, "said Brian Rehling, chief fixed income strategist with Wells Fargo Advisors in St. Louis, Missouri.
NEW YORK, April 9- U.S. retail and institutional investors pulled cash from broad commodity exchange-traded funds for a fifth straight quarter even as coffee, natural gas and hogs prices had their best run in years, data from Thomson Reuters Lipper showed on Wednesday.
NEW YORK, April 9- The dollar dropped to more than two week-lows against the euro and Swiss franc on Wednesday after minutes of the latest Federal Reserve monetary policy meeting suggested that the U.S. central bank may not raise interest rates anytime soon.
WASHINGTON, April 9- The city of Detroit on Wednesday struck a deal with bond insurers over a key class of debt in its landmark bankruptcy case that significantly reduces bondholder losses and could pave the way for agreements with other creditors.
NEW YORK, April 9- A group of small brokerages and large commodities companies have convinced lawmakers to tweak a rule they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
*U.S. to sell $21 billion in 10- year note supply. *Fed to buy $900 million to $1.15 billion in long-dated bonds. NEW YORK, April 9- U.S.
April 9- Detroit has reached a settlement with bond insurers over the treatment of some bonds in the city's bankruptcy, and a court-appointed mediator is expected to announce the details later on Wednesday, a spokesman for the city said.
*Beats nil-premium merger proposal from Australia's Myer. SYDNEY, April 9- South African retailer Woolworths Holdings Ltd is set to buy struggling Australian department store operater David Jones for $2 billion after trumping an offer from Myer Holdings Ltd, it was announced on Wednesday.
DETROIT AND BOND INSURERS IN SETTLEMENT IN SUIT OVER CITY'S PROPOSED PAYOUT TO UNLIMITED TAX GENERAL OBLIGATION BONDHOLDERS-CITY SPOKESMAN.
*Dollar gains foothold after biggest one-day fall in months. *Crown hit by signs central bank to cut rates. LONDON, April 9- The Swedish crown was the major mover on developed currency markets on Wednesday, falling half a percent against the euro after the Riksbank signalled it was moving closer to cutting interest rates.
NEW YORK, April 9- U.S. stock index futures were flat on Wednesday, after the S&P 500 managed to halt a three-day losing skid, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
LONDON/ ATHENS, April 9- Bailed-out Greece is set to end its four-year exile from bond markets on Thursday with a five-year issue, three sources said on Thursday.
NEW YORK, April 9- A group of small brokerages and large commodities companies convinced lawmakers to tweak a rule that they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
*China stock valuations near cheapest since at least 2004. *Stock mutual funds turning overweight on China- HSBC. *Investors see China reforms improving growth prospects.
*Prices rise, Treasury sells $30 billion three-year notes. *Treasury to sell $21 billion 10- year notes Wednesday. NEW YORK, April 8- U.S.
LONDON, April 8- Greek 10- year yields dipped on Tuesday afternoon on rising speculation that the country, which restructured 130 billion euros in debt in 2012, could issue its first bonds in four years as soon as Wednesday.
RAMALLAH, West Bank, April 8- The Palestinian Authority said on Tuesday it plans to issue bonds to banks as part of a restructuring of its sizeable debts, in what will be the first sale of government bonds in the territory's 20- year history. Jihad Al Wazir, head of the Palestinian Monetary Authority, said around $200 million of debt would be converted to bonds.
US TREASURIES PRICES TURN MILDLY POSITIVE BEFORE THREE-YEAR NOTE AUCTION.
*Defaulters Ecuador, Greece prepare bonds; Pakistan, Zambia raise 10- yr cash. *After Q1 bond issuance tops $100 bln, second wave of riskier emerging credits.
*Fed to buy $0.75 bln- $1 bln in TIPS. NEW YORK, April 8- U.S. "We're probably trying to make some sort of concession, we've had a decent run-up since payrolls," said Sean Murphy, a Treasuries trader at Societe Generale in New York.