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  • US STOCKS-Futures climb ahead of Yellen testimony Tuesday, 11 Feb 2014 | 8:01 AM ET

    NEW YORK, Feb 11- U.S. stock index futures gained on Tuesday on hopes that the new Federal Reserve Chair Janet Yellen will reinforce the Fed's determination to halt the money-printing presses while assuring investors that a rise in interest rates remains a long way off.

  • *Portugal launches 10- year debt sale via syndication. LONDON, Feb 11- Portuguese bond yields rose on Tuesday as Lisbon launched a 10- year debt sale in a further step towards regaining regular market access before its planned exit from an international bailout later this year.

  • SHANGHAI, Feb 11- Keeping China's debt bubble from bursting and dragging the economy down with it may require painful medicine that the country's leaders have so far been unwilling to swallow: letting some borrowers go bust.

  • SAN JUAN, Puerto Rico, Feb 10- Puerto Rico Gov. Moody's Investors Service last week lowered the commonwealth's credit rating to junk status and also cut the rating on the Cofina debt because of worries about the island's shrinking economy and population.

  • Treasury has taken, or could take, to help the nation keep paying its bills for a time in the absence of a decision by Congress to raise the debt limit.

  • NEW YORK, Feb 10- The U.S. government flooded the U.S. bond market with over $100 billion in ultra short-term debt on Monday as the month-end deadline on the federal debt ceiling draws closer.

  • NEW YORK, Feb 10- U.S. Markets are also awaiting the first testimony of Federal Reserve Chair Janet Yellen, who testifies in Congress on Tuesday and Thursday after a second month of weaker-than-expected U.S. jobs data. Everybody is waiting for Yellen's testimony tomorrow, "said Kim Rupert, fixed-income manager at Action Economics in San Francisco.

  • Feb 10- Puerto Rico Governor Alejandro Garcia Padilla has asked the legislature for approval to borrow up to $3.5 billion with new general obligation bonds.

  • Phillip Murphy, who was a managing director of Bank of America's municipal derivatives desk from 1998 to 2002, pleaded guilty to conspiring to make false entries in reports and other papers sent from his desk to bank management.

  • *Treasury to sell $50 bln cash management bills at 1 p.m. EST. NEW YORK, Feb 10- The U.S. government on Monday sold record amounts of three-month and six-month debt at the highest interest rates on the maturities since October, prompted by worries it will be unable to increase its $16.7 trillion borrowing limit by late February.

  • Moody's drops Puerto Rico Electric Power bonds to junk Monday, 10 Feb 2014 | 12:14 PM ET

    NEW YORK, Feb 10- Moody's Investors Service confirmed on Monday it had cut the rating of the Puerto Rico Electric Power Authority to junk status, saying the island's shrinking economy and population will hurt the already cash-strapped authority's ability to invest.

  • U.S. sells record amounts of 3-month, 6-month T-bills Monday, 10 Feb 2014 | 12:09 PM ET

    NEW YORK, Feb 10- The U.S. government on Monday sold record amounts of three-month and six-month debt at the highest interest rates on these maturities since October, prompted by worries it will be unable to increase its $16.7 trillion borrowing limit by late February.

  • LONDON, Feb 10- Managers of the European Union's trillion-euro money market funds, which give access to short-term finance at low interest rates, will need to show their pay packets do not encourage too much risk-taking under a proposal from the bloc's lawmakers.

  • Markets are also awaiting the first testimony of Federal Reserve Chair Janet Yellen, who testifies in Congress on Tuesday and Thursday after a second month of weaker-than-expected U.S. jobs data. "A lot of the action is looking forward to supply over the next three days," said Guy LeBas, chief fixed income strategist, at Janney Montgomery Scott in Philadelphia.

  • US STOCKS-Futures pull back after two-day rally Monday, 10 Feb 2014 | 7:46 AM ET

    *Yelp climbs on deal with Yahoo. NEW YORK, Feb 10- U.S. stock index futures dipped on Monday, indicating the S&P 500 would retreat after its best two-day performance in four months, ahead of new Federal Reserve Chair Janet Yellen's first testimony before lawmakers on Tuesday.

  • *Portugal plans 10- year debt sale- Diario Economico. *Portugal aims to capitalise on investor hunger for yield. Portugal aims to exit a 78 billion euro EU/IMF bailout later this year and investor demand at such debt sales will be seen as a measure of the Lisbon's ability to secure funding without an international safety net.

  • LONDON, Feb 10- New rules coming into force in Europe this week to shine more light on the $700 trillion derivatives markets will take years to produce a clearer picture of these complex products which were at the heart of the financial crisis.

  • JGBs inch up after Treasuries gain on weak jobs data Sunday, 9 Feb 2014 | 10:20 PM ET

    TOKYO, Feb 10- Japanese government bond prices inched up on Monday, buoyed after a weaker-than-expected jobs report lifted U.S. Gains by Tokyo's Nikkei stock average had a limited impact on JGBs, traders said, with a regular government bond-purchasing operation by the Bank of Japan helping to cushion the rise in equities.

  • Redemptions force funds to unload Puerto Rico debt Saturday, 8 Feb 2014 | 10:42 AM ET
    A vacant building in the Santurce neighborhood of San Juan, Puerto Rico.

    US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.

  • BOSTON, Feb 7- U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands, taking heavy losses after a year-long slide in prices.