Fixed Income


  • Rating Agencies Hold Off Downgrading MBIA, Ambac Thursday, 31 Jan 2008 | 11:13 AM ET

    Major rating agencies are holding off downgrading bond insurers MBIA and Ambac Financial Group while they attempt to work out a bailout plan, bankers working on the bailout told CNBC.

  • Troubled Bond Insurers Facing More Downgrades Thursday, 31 Jan 2008 | 11:11 AM ET

    Bond insurers, whose foray into the subprime debt market has led to billions of dollars in losses, are facing more downgrades of their prized Triple A rating.

  • Bond Insurers Face Downgrade Despite Call for Delay Wednesday, 30 Jan 2008 | 3:40 PM ET

    Wall Street bond rating agencies are poised to downgrade two big bond insurers, Ambac Financial Group and MBIA, even though New York state insurance regulars would like to get a postponement until the state can develop a bailout package, CNBC has learned.

  • MBIA, Ambac Understate Losses: Short Seller Wednesday, 30 Jan 2008 | 3:33 PM ET

    Hedge Fund manager William Ackman, of Pershing Square Capital, is submitting data to the SEC and insurance regulators in New York State alleging that bond insurers MBIA and Ambac are understating their losses.

  • Two-Year Note Gains as Yield Curve Hits 4-Year High Wednesday, 30 Jan 2008 | 3:01 PM ET

    Short-dated Treasury bond prices pared losses and briefly turned positive after the Federal Reserve cut interest rates by 50 basis points, while longer-dated bonds extended losses in an inverse move to higher stocks.

  • Bonds Recoil as Economic Outlook Brightens Tuesday, 29 Jan 2008 | 1:41 PM ET

    U.S. government bond prices retreated Tuesday as a rebound in durable goods orders contrasted with weakness in other parts of the economy, complicating the Federal Reserve's interest rate-slashing campaign.

  • NY Suggests that Bond Insurers Be Spared Downgrades Tuesday, 29 Jan 2008 | 4:29 AM ET

    Officials with the New York State Insurance Department have reached out to Wall Street bond rating agencies to suggest that they postpone a downgrade of bond insurers until the state can develop a bailout package for the troubled sector, CNBC has learned.

  • Bonds Advance on Hedge Fund Rumors Friday, 25 Jan 2008 | 12:34 PM ET

    Treasury prices threw off early weakness and advanced Friday after a rumor that another hedge fund is in financial trouble circulated through trading rooms.

  • Treasurys Fall as Stocks Rebound Further Thursday, 24 Jan 2008 | 2:54 PM ET

    Treasury prices declined Thursday as the stock market extended a lively rebound into a second session.

  • Treasurys Stall After Initial Surge Wednesday, 23 Jan 2008 | 4:09 PM ET

    Treasurys gave back much of a vigorous rally in late trading Wednesday when a sagging stock market suddenly regained strength and stopped the flow of money into bonds.

  • Bonds Rally Amid Stock Sell-Off Tuesday, 22 Jan 2008 | 1:40 PM ET

    U.S. Treasurys surged on Tuesday after an emergency interest rate cut by the Federal Reserve met with limited success in staunching a sell-off in stocks and helped extend a safe-haven bid for government debt.

  • Bonds Rally in Asia, 10-Year Yield Hits Four-Year Low Monday, 21 Jan 2008 | 11:35 PM ET

    U.S. Treasuries shot up on Tuesday, pushing the benchmark 10-year yield to a 4-1/2-year low after a dramatic sell-off in stock markets around the world carried over into Asia on escalating fears that the U.S. economy is heading for a recession.

  • Short-term Bonds Gain as Stimulus Plan Panned Friday, 18 Jan 2008 | 2:25 PM ET

    Short-dated U.S. government bonds rose Friday as stocks turned negative on investor fears a White House stimulus package might not keep the economy from sliding into recession.

  • Bonds Ease as Stock Market Recovers Wednesday, 16 Jan 2008 | 3:00 PM ET

    Treasury debt prices eased on Wednesday as investors cashed in on a string of gains while stocks tried to find a footing after posting severe losses earlier in the week.

  • Treasurys rallied on Tuesday as a drop in Christmas sales and Citigroup's first ever quarterly loss sent stocks sharply lower, rekindling investors' penchant for safety.

  • Bonds Gain As Recession Fears Linger Monday, 14 Jan 2008 | 1:15 PM ET

    Treasury debt prices rose slightly Monday as a rebound on Wall Street was offset by expectations of aggressive interest rate cuts by the Federal Reserve and forecasts of a possible recession.

  • Treasurys Up on Recession Fears, Rate Cut Bets Friday, 11 Jan 2008 | 2:21 PM ET

    Treasurys rose Friday with yields falling to their lowest levels since 2004, prompted by renewed fears of a recession and growing certainty of a hefty interest rate cut this month from the Federal Reserve.

  • Short-term Bonds Rise on Bernanke Remarks Thursday, 10 Jan 2008 | 2:50 PM ET

    Short-dated Treasury debt prices rose Thursday after Federal Reserve Chairman Ben Bernanke's remarks solidified expectations the Fed would aggressively pare interest rates to forestall a recession.

  • Treasurys Mixed as Stocks Falter Wednesday, 9 Jan 2008 | 1:38 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Treasurys were mixed Wednesday but off earlier lows, buffeted by a stock market struggling to rebound from its worst new year start in history on persistent recession worries.

  • Bonds Come Off Lows as Stocks Weaken Tuesday, 8 Jan 2008 | 1:30 PM ET
    Federal Reserve

    Treasurys were weaker Tuesday but off their lows as traders skipped back and forth between stocks and bonds on worries about a recession induced by the prolonged deterioration in the housing market.