Jim McCaughan, CEO of Principal Global Investors, says recovery in the U.S. private sector is well established, suggesting there's a 50:50 chance of the Fed tapering its stimulus program in December.» Read More
*Wall Street higher after weak start on mixed data. NEW YORK/ LONDON, Dec 4- Stocks edged higher after a weak start on Wall Street on Wednesday, while Treasury yields rose after strong data on U.S. private-sector jobs growth and home sales raised expectations that the Federal Reserve will roll back its stimulus sooner than later.
*Fed to buy up $3.50 billion in medium-term debt. NEW YORK, Dec 4- U.S. "The market is pricing in a slightly higher probability of a tapering in December or January," said Mike Cullinane, head of Treasuries trading at D.A.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
The U.S. saw a trade deficit of $40.6 billion last month which was close to expectations, reports CNBC's Rick Santelli.
TOKYO, Dec 4- Japanese government bond prices edged higher on Wednesday, tracking gains in U.S.
NEW YORK, Dec 3- U.S. Treasuries prices rose on Tuesday, bolstered by two bouts of bond purchases from the Federal Reserve and a slump in Wall Street stocks partly on worries about the Federal Reserve reducing stimulus sooner than some traders think.
NEW YORK, Dec 3- Fear that the Federal Reserve will scale back its stimulus as the U.S. economy recovers hit world stock markets for a second straight day on Tuesday, with European equities falling the most since August, while Treasury prices rose modestly. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
CNBC's Rick Santelli talks with Charles Biderman, TrimTabs Investment Research founder & chairman, about where investors are placing their bets now and what's happening in money markets.
NEW YORK/ LONDON, Dec 3- Fear that the U.S. Federal Reserve will scale back its stimulus as the economy recovers drove world stock markets down for a second straight day on Tuesday, with Europe taking its worst hit since August, while Treasury prices rose modestly. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
CNBC's Rick Santelli discusses the latest action in the bond market and the influence of interest rates on a possible market correction.
*Fed to buy$. 75 bln- $1 bln notes due 2024-2031. *Fed to purchase $3 bln- $4 bln notes due 2019, 2020. It will pick up later in the week with a slew of data culminating in payrolls on Friday, "said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.
CNBC's Jim Cramer says there are too many options for television viewers and many are "not smart" about consumption.
Michael Materasso, Co-Chair, Fixed Income Policy Committee at Franklin Templeton Investments says that there are green shoots appearing with strong data from the U.S. however Fed tapering timetable remains uncertain.
NEW YORK, Dec 2- U.S. Stronger-than-expected manufacturing in the United States and abroad spurred selling in U.S. government debt as some traders reconsidered how soon the U.S. central bank might dial back its bond purchases, currently at $85 billion a month, if the economy grows further, albeit at a sub-par pace.
CNBC's Rick Santelli and Robert McKendry, TJM Institutional Services take a look at Federal Reserve buybacks.
CNBC's Rick Santelli discusses the latest action in the bond market and interest rates in Japan.
NEW YORK, Dec 2- U.S. Investors are evaluating when the Fed is likely to view the economic recovery as being strong enough to begin paring its $85 billion- a-month bond purchase program, after the U.S. central bank in September surprised investors, who were expecting a cut in purchases, by leaving it unchanged.