Yields on longer-dated U.S. Treasurys sank after a key reading on the U.S. economy showed growth slowed more than expected in the fourth-quarter.» Read More
Treasury debt prices eased Thursday as soaring stocks squashed the safe-haven bid for government debt and investors raised their expectations the Federal Reserve will pause in its interest-rate cutting campaign.
The Bush administration, moving to cope with soaring budget deficits, says it is bringing back the one-year Treasury bill that it stopped issuing seven years ago when the budget was in surplus.
Treasury debt prices recouped losses to trade unchanged after the Federal Reserve cut interest rates by 25 basis points, as was widely expected, and signaled financial markets remain stressed.
Treasury debt prices rose as data showing slumping home prices and dismal consumer confidence reinforced the idea that the economy is still struggling and supported a safety bid for bonds.
Treasury debt prices rose Monday despite a little strength in stock futures in a slow start to what is expected to be a busy, and perhaps trend-setting week, for government debt.
US government bond prices eased Friday but pulled off their lows as dour consumer sentiment and a withering stock market put a floor under safe-haven Treasurys.
US government bond prices fell Thursday, pushing yields on short-dated paper to their highest in three months, after data showing signs of resilience in the economy fueled doubts over future Fed rate cuts.
Short-dated US government bond prices held steady on Wednesday as investors appeared well prepared for a massive auction of two-year notes, while longer-dated issues fell in the face of a rising stock market.
Long-dated US government bonds rose Tuesday, as a weaker stock market revived some of the allure of safe-haven Treasurys.
Government bond prices cut their steepest losses Monday as stocks fell further, but fading hopes that the Federal Reserve would continue to cut interest rates aggressively still weighed on Treasurys.
Treasury debt prices fell Friday, as bond investors slashed expectations for Federal Reserve interest rate cuts, concluding that food and energy inflation may prevent the Fed from easing much further.
Treasury debt prices rose after the Philadelphia Federal Reserve's business conditions index for April fell to its lowest level since February 2001, adding to other recent signals the US economy is deteriorating.
Treasury debt prices slipped Wednesday as a robust stock market rally tempered government debt's safe-haven appeal, reversing bonds' earlier gains on weak housing numbers and relatively modest inflation data.
Treasury debt prices fell Tuesday after a report showing accelerating producer price inflation caused bond investors to pare bets for Federal Reserve interest rate cuts.
FGIC, whose main unit is a bond insurer, said on Monday it is looking at strategic alternatives to boost its capital and protect policy holders, including setting up a new insurer that would focus on municipal bonds.
Government debt prices rose, as a surprise loss at a large US bank and data reinforcing the view of weak consumer spending undermined the stock market and supported demand for low-risk bonds.
Treasury debt prices rose sharply, as weak data on consumer confidence and a surprise profit drop at General Electric slammed the stock market and revived demand for low-risk government bonds.
Treasury debt prices fell Thursday, as traders favored stocks over bonds on upbeat earnings outlook that overshadowed data supporting the grim view on the economy.
Treasury debt prices rose Wednesday as recession fears and a bleak corporate profit outlook hurt the stock market and lifted demand for less-risky investments like government bonds.
Citigroup, the largest U.S. bank, is close to selling about $12 billion of leveraged loans and bonds to a group of private equity firms, people familiar with the situation said on Tuesday.