*Argentina vows to pay restructured bonds no matter what. NEW YORK/ BUENOS AIRES, March 30- Argentina challenged a U.S. court over the weekend by proposing that "holdout" bond investors be repaid only about one sixth the money federal judges hearing the case say they are owed, setting the stage for a legal showdown in New York.
NEW YORK, March 30- Argentina is pitching an alternative payment formula to a U.S. appeals court that would allow it to resolve litigation with creditors holding defaulted bonds for which they are demanding to be paid $1.33 billion.
NEW YORK, March 30- Argentina on Friday pitched an alternative payment formula to a U.S. appeals court that would allow it to resolve litigation with creditors holding defaulted bonds for which they are demanding to be paid $1.33 billion.
*Slovenia does not need to go to bond market now. LJUBLJANA, March 29- Slovenia will not be the next euro member to need a financial rescue as it can afford to wait for lower borrowing costs before issuing new debt, its top economic official said on Friday.
*Cyprus crisis sends jitters through Slovenian debt market. *No reaction to North Korea sabre-rattling. Trade was, however, subdued with many markets closed for Easter holidays, and there was limited reaction to North Korea putting its missile units on standby to attack U.S. military bases in South Korea and the Pacific.
*Cyprus crisis sends jitters through Slovenian debt market. TOKYO, March 29- The euro edged up on Friday but stayed near four-month lows against the dollar, beset by political deadlock in Italy and worries the huge losses suffered by Cypriot depositors as part of a bailout could unnerve investors in other euro zone debt.
TOKYO, March 29- Yields on benchmark 10- year Japanese government bonds pulled back from a near-decade low on Friday, as investors took some profit ahead of next week's auction of similar maturities and a Bank of Japan policy meeting. It's good to take some profit right here, "said Tadashi Matsukawa, head of fixed-income at Pinebridge Investments in Tokyo.
*Cyprus crisis shatters confidence in Slovenia. TOKYO, March 29- The euro hovered near four-month lows against the dollar on Friday, beset by political deadlock in Italy and worries huge losses Cypriot depositors have been forced to stomach as part of a bailout could unnerve investors in other euro zone debt.
NEW YORK, March 28- U.S. Benchmark 10- year Treasuries yields have fallen to near three-week lows on fears that losses that bondholders and banks depositors in Cyprus are taking to restructure their banks will form a template for other countries in the euro zone that are struggling with high debt loads.
*Signs of calm in Cyprus pare safe haven bids for bonds. Treasury debt prices dipped on Thursday with benchmark yields hovering near three-week lows, as investors made room before a $29 billion auction of seven-year notes, the final leg of this week's $99 billion in longer-dated supply.
LONDON, March 28- Cyprus may be a "special case" in the eyes of European officials, but their handling of its bailout is taking a toll on another small euro zone member with an over-burdened banking sector- Slovenia.
*Signs of calm in Cyprus pare safe haven bids for bonds. Relative calm in Cyprus, where banks reopened under tight government control after they were shut for nearly two weeks and the island nation received a 10 billion euro bailout, diminished safe haven demand for low-yielding U.S. government debt. "
NEW YORK, March 28- U.S. institutional investors recommended reducing stocks holdings and increasing bond allocations in March even as the Dow Jones industrial average passed an all-time high, judging risks to this year's bullish run have grown. The U.S. economy, however, is showing signs of steady improvement at a time when Europe and Japan are struggling.
NEW YORK, March 28- U.S. stock index futures briefly trimmed gains after data showed initial jobless claims rose more than expected last week and the U.S. economy expanded at a sluggish pace in the fourth quarter.
*Cyprus reopens banks under tight restrictions. NEW YORK, March 28- U.S. stock index futures edged up on Thursday and were set to close out a strong quarter, as investors shifted focus from Cyprus to data about the U.S. economy, which has been showing slow, steady improvement.
LONDON, March 28- Irish bonds are set to continue outperforming euro zone peers after topping the returns table in the first quarter while the political stalemate in Italy could mean more disappointment for its holders of its debt.
NEW YORK, March 28- U.S. stock index futures edged up on Thursday and were set to close out a strong quarter, as investors shifted focus from developments in the euro zone and Cyprus to the U.S. economy, which is expected show continued improvements.
*Coming Up: U.S. Weekly jobless claims; 1230 GMT. LONDON, March 28- Oil rose on Thursday underpinned by expectations of a revival in demand growth in the United States, the world's biggest oil consumer, while Europe's debt worries capped gains. There is a lot of uncertainty over Europe and Cyprus but people will not readjust their books ahead of the break. "
*Economic growth rebounding in U.S. and Japan. PARIS, March 28- The United States and Japan are leading a rebound in advanced economies while the still fragile euro zone needs an interest rate cut to ensure a recovery takes hold, the OECD said on Thursday. We see growth firming in the U.S., we see more growth in Japan thanks to new measures, and we see more growth in Germany. "