BOSTON, March 13- Massachusetts on Wednesday fined Deutsche Bank AG $17.5 million, saying it deceived clients in creating and marketing $10 billion worth of collateralized debt obligations.
BOSTON, March 13- Massachusetts on Wednesday fined Deutsche Bank AG $17.5 million, saying it deceived clients in creating and marketing $10 billion worth of collateralized debt obligations.
CHICAGO, March 13- Illinois will sell $800 million of debt next month in the U.S. municipal bond market, where investors will likely continue to demand hefty yields for the state's debt amid an unresolved public pension crisis.
BOCA RATON, Fla., March 13- Gary Gensler declined to comment on reports that he would serve a second term at the head of the top U.S. derivatives regulator, to see it through the final phase of its Wall Street reform effort. President Barack Obama asked Gensler to remain at the helm of the Commodity Futures Trading Commission.
*Fed buys $1.464 billion in longer-dated Treasuries. NEW YORK, March 13- U.S.
NEW YORK, March 13- U.S. Still, the Commerce Department said on Wednesday that retail sales increased 1.1 percent last month, the largest rise since September, after a revised 0.2 percent gain in January.
NEW YORK, March 13- U.S. The Commerce Department said on Wednesday retail sales increased 1.1 percent last month, the largest rise since September, after a revised 0.2 percent gain in January. Retail sales are stronger than expected at all levels, "said David Ader, head of government bond strategy at CRT Capital Group in Stamford, Connecticut."
*Ireland launches first issue of benchmark 10- year since bailout. DUBLIN, March 13- Ireland took its biggest step yet towards exiting its EU/IMF bailout by selling 5 billion euros of benchmark 10- year bonds, its first issue of such long term debt since it was locked out of markets in late 2010..
NEW YORK, March 13- U.S. stock index futures erased earlier declines to turn positive after data showed retail sales rose more than expected in February. Investors were also perusing a separate report that showed import prices gained last month as fuel prices rose.
LONDON, March 13- European shares extended losses and Italian bond yields rose on Wednesday after Italy's borrowing costs jumped at a debt sale and data showed that euro zone factory output fell sharply in January.
NEW YORK, March 13- U.S. stock index futures dipped on Wednesday after an Italian debt auction saw soft demand and ahead of data that should give clues on the health of U.S. consumer spending.
*Debt costs to rise at Italy sale but demand seen firm. LONDON, March 13- Italian yields edged up on Wednesday as investors made room on their books for a sale of up to 7.25 billion euros of the country's bonds-- the first auction since Fitch cut its credit ratings last week. We're waiting for the next political news out of Italy as the next big market mover, "one trader said.
TOKYO, March 13- Japanese government bond prices were mostly higher on Wednesday, bolstered by continued expectations of more Bank of Japan asset buying. "People who need to buy JGBs ahead of the new fiscal year don't have much time, said Naomi Muguruma, senior fixed-income strategist at Mitsubishi UFJ Morgan Stanley Securities.
PARIS, March 13- European stock index futures pointed to a mixed open on Wednesday, with the focus on Italy's first long-term debt auction since its credit downgrade. At 0704 GMT, futures for Euro STOXX 50 were down 0.04 percent, for Germany's DAX up 0.1 percent and for France's CAC up 0.01 percent.
*Wall Street stocks struggle to advance after recent gains. NEW YORK, March 13- The U.S. dollar climbed to a seven-month high on Wednesday on optimism from stronger-than-expected U.S. consumer spending, while Wall Street stocks edged into positive territory despite some worries about the euro zone.
MILAN, March 13- Italy had to pay its highest three-year borrowing costs since December at an auction on Wednesday as the political paralysis that triggered a credit rating cut last week sapped demand for the country's debt.
BOSTON, March 13- Fidelity Investments has expanded its 3- year-old partnership with BlackRock Inc to offer its customers free trading of more exchange-traded funds, as the once-dominant mutual fund company strives to catch up in a faster-growing market.
DUBLIN, March 13- Ireland took its biggest step yet towards exiting its European bailout later this year by selling 5 billion euros of new benchmark 10- year bonds on Wednesday to meet nearly all its funding needs through next year.
*UK economic data aid safe-haven German Bunds, U.S. NEW YORK, March 12- U.S. That gave Treasuries a nice bid, "said Quincy Krosby, market strategist at Prudential Financial with more than $1 trillion in assets under management.
NEW YORK, March 12- Record low interest rates have helped investors rediscover a taste for bonds backed by everything from pizza to movie royalties, even though strong demand for these offbeat assets has already trimmed returns.