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  • NEW YORK, Nov 10- A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment it receives on U.S. dollar-denominated Argentine law bonds. Citigroup has said it faces...

  • *Sale is first of $66 billion in new supply this week. NEW YORK, Nov 10- U.S. "This is a reversal from what happened on Friday," said Priya Misra, head of U.S. rates strategy at Bank of America Merrill Lynch in New York.

  • NEW YORK/ BOSTON, Nov 10- Janus Capital Group Inc posted $1.1 billion in net inflows in October, the largest net deposits this year, after hiring Bill Gross, one of the bond market's most renowned investors. The Vanguard Group and BlackRock have also benefited from an exit of funds from Pimco after the departure of Gross. BlackRock Inc's bond funds posted record...

  • LONDON, Nov 10- In Aug 2010, when a dollar fetched 30 roubles, oil prices were on the rise, and Russia was in high favour with investors, Gazprombank went to global bond markets to borrow $1 billion. Now as the debt comes up for repayment, Gazprombank, like many of its Russian peers, is shut out of global capital markets by Western sanctions imposed over Moscow's role in...

  • NEW YORK, Nov 10- Janus Capital Group Inc posted $1.1 billion in net inflows in October, the largest net deposits this year, after the hiring of Bill Gross, one of the bond market's most renowned investor. The Vanguard Group and BlackRock have benefitted from an exit of funds from Pimco after the departure of Gross. BlackRock Inc's BLK.N bond funds posted record...

  • Treasury to sell $26 billion in three-year notes. "There's certainly some impetus for profit-taking after Friday's rally," said Edward Acton, Treasury strategist at RBS Securities in Stamford, Connecticut. Treasury will sell $26 billion in three-year notes at 1 p.m., and will sell $24 billion in 10- year notes on Wednesday and $16 billion in 30- year bonds on...

  • JGBs gain after U.S. jobs data lifts U.S. Treasuries Sunday, 9 Nov 2014 | 10:01 PM ET

    TOKYO, Nov 10- Japanese Government Bond prices ended the morning session slightly higher on Monday, sending their yields down 1.5 to 2.5 basis points in the 7- year and longer zone, helped by big gains in U.S. Treasuries following U.S. jobs data. But activity was limited to transactions among traders and trading for the Bank of Japan's purchase of 1.55 billion yen,...

  • NEW YORK, Nov 7- Argentina, already in default, could see its financial troubles worsen as creditors holding billions of dollars in debt prepare to demand immediate payment, new court filings in New York show. District Judge Thomas Griesa granted to U.S. hedge funds that spurned Argentina's debt restructurings in 2005 and 2010, and then sued for full repayment of...

  • NEW YORK, Nov 7- Argentina, already in default, could see its financial troubles worsen as creditors holding billions of dollars in debt prepare to demand immediate payment, new court filings in New York show. District Judge Thomas Griesa granted to U.S. hedge funds that spurned Argentina's debt restructurings in 2005 and 2010, and then sued for full repayment of...

  • TIMELINE-A history of Detroit's fiscal problems Friday, 7 Nov 2014 | 6:02 PM ET

    Nov 7- A U.S. judge on Friday confirmed Detroit's plan to exit the largest-ever municipal bankruptcy. -Detroit's descent into fiscal insolvency can be traced back to the waning days of long-time Mayor Coleman Young's administration, when the city was already deep in debt and struggling with a budget deficit. Both Young and the Michigan state treasurer raised...

  • Making junk-rated loans to companies that are often owned by private equity firms is a lucrative, high-margin business for major Wall Street banks. Leveraged loans accounted for $254.7 billion, or 74.7 percent, of criticized assets in the 2014 review, compared with $227 billion, or 75 percent, of criticized assets in 2013, the Federal Reserve, the Federal...

  • NEW YORK, Nov 7- The U.S. Treasuries were on track for their best day since Oct. 15, when massive purchases of Treasuries by traders exiting short positions sent benchmark yields below 2 percent to 16- month lows. Market chatter that surfaced on Thursday that payroll gains might hit the 300,000 mark were dashed after the Labor Department reported a 214,000 job...

  • NEW YORK, Nov 7- Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June 2015, a Reuters poll found, and economists also said the market was underestimating how aggressively the U.S. central bank will tighten policy. Fourteen of 19 primary dealers, or the banks that deal directly with the Fed, said they expect the first...

  • NEW YORK, Nov 7- Pacific Investment Management Co has created a 225 million-euro award program to retain top talent after the surprise departure of co-founder and Chief Investment Officer Bill Gross, Allianz SE said on Friday. The bonus is expected to cost an average of 33 million euros before taxes for each of the next five quarters and 10 million euros for each...

  • NEW YORK, Nov 7- Argentina, already in default on large amounts of debt, could see its financial troubles worsen as 52 creditors holding more than $4.4 billion in defaulted debt prepare to demand immediate payment, new court filings in New York show. In a letter to Griesa filed late Thursday, Carmine Boccuzzi, a lawyer for Argentina, argued many of the plaintiffs are...

  • Nov 7- U.S. regulators plan to allow investment management firm Eaton Vance Corp to launch a new breed of actively managed exchange-traded funds that can keep their holdings secret for months at a time, boosting Eaton Vance shares by 22 percent on Friday. In a notice published late Thursday night, the U.S. Securities and Exchange Commission said it intends to...

  • NEW YORK, Nov 7- The Vanguard Group was the latest U.S. asset manager to post record monthly inflows into its bond funds for October, benefiting from an exit of funds from rival Pacific Investment Management Co. after the departure of its co-founder Bill Gross. BlackRock Inc's bond funds posted record monthly inflows of $5.2 billion in October, the most investors...

  • NEW YORK, Nov 7- U.S. Those expectations were dashed after the Labor Department reported a 214,000 job increase last month, below the 231,000 increase forecast by economists polled by Reuters. These soft spots in the latest jobs report, underpinned by expectations of further policy easing from the European Central Bank and the Bank of Japan to help their...

  • LAGOS, Nov 7- Nigeria's central bank has vowed to defend the naira, despite a drop in oil prices which has unnerved foreign investors and sent its stock and bond markets into a tailspin, Deputy Governor Sarah Alade told Reuters on Friday. The currency closed at 165.90 naira following the central bank's intervention, after weakening to 173.05 naira intraday...

  • NEW YORK, Nov 7- U.S. Treasuries yields came off one-month peaks posted shortly before the release of the government's jobs report as Wall Street opened lower, spurring demand for U.S. government debt. The U.S. Labor Department said employers added 214,000 jobs last month, below the 231,000 increase forecast by economists polled by Reuters.