WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills dropping to the lowest level in nearly a year while rates on six-month bills were unchanged. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, down from 0.020 percent last week.» Read More
NEW YORK, Sept 15- U.S. "It's that circular argument that weak growth is going to inhibit the Fed from raising rates any time soon," said Kim Rupert, managing director at Action Economics in San Francisco. Trading was also driven in part by unexpectedly strong New York State manufacturing data but which also contained weak jobs indicators, Rupert said.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
CNBC's Rick Santelli reports the latest industrial production data for the month of August.
I don't want to see the big high growth stocks sold just to buy Alibabi, says CNBC's Jim Cramer, sharing his thoughts on the "zero sum" markets.
NEW YORK, Sept 12- U.S. stocks fell on Friday weighed by energy shares as crude prices continued to fall, while high-yielding utilities and telecom shares also sold off as Treasury yields jumped.
NEW YORK, Sept 12- U.S. The Commerce Department said retail sales increased 0.6 percent last month after an upwardly revised 0.3 percent gain in July.
CNBC contributor Jim Iuorio reports the latest data on business inventories.
Treasury sold $13 billion in 30- year bonds to solid demand. "If it comes in stronger, the market will continue to ignore weak payrolls and focus on all the positive data we've seen," said Richard Gilhooly, an interest rate strategist at TD Securities in New York.
Discussing if current economic data supports the end of QE, with Paul McCulley, Pimco chief economist. McCulley says the Fed wants to get off its zero interest rate policy, and it's the appropriate thing to do.
Discussing next week's FOMC statement by Janet Yellen, Paul McCulley, Pimco chief economist, discusses the two key phrases the Fed must change before they hike rates.
Treasuries slipped on Thursday for the first time in four days after the outlook for sustained U.S. military involvement in Iraq and Syria and new planned sanctions against Russia drove modest safe-haven bids.
CNBC contributor Jim Iuorio breaks down the data from the Commerce Department on wholesale trade.
Traders digested a study from the San Francisco Federal Reserve Bank released Monday that showed investors underestimated the speed at which the Fed might raise interest rates, ramping up concerns that the central bank could signal an earlier-than-expected rate hike at its next policy meeting on Sept. 16-17.
NEW YORK, Sept 9- Benchmark U.S. The San Francisco Federal Reserve Bank published research on Monday that showed investor expectations on interest rates differed from those of U.S. monetary policymakers, ramping up concerns the Fed could signal an earlier-than-expected rate hike at its next policy meeting on Sept. 16-17.
CNBC's David Faber speaks to Jeffrey Gundlach, DoubleLine Capital CEO & CIO, about his contrarian call on interest rates and the strength of the U.S. economy
CNBC's Jim Cramer thinks the big business story of the week is Alibaba's IPO not Apple's new product launch.
NEW YORK, Sept 8- Benchmark U.S. "This is a Fed district that is very dovish, so it did catch the market's attention," said Wilmer Stith, fixed income portfolio manager for Wilmington Trust in Baltimore, Maryland, in reference to the San Francisco Fed.
WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month and six-month bills dipping to their lowest levels since September 2013. The Treasury Department auctioned $26 billion in three-month bills at a discount rate of 0.020 percent, down from 0.025 percent last week.
*Confidence wanes over Ukraine ceasefire. The ceasefire, which took effect on Friday evening, was largely holding on Monday in eastern Ukraine, but comments from Ukrainian President Petro Poroshenko vowing to defend the eastern port of Mariupol kindled traders' skepticism.
CNBC's Jim Cramer weighs in on the change in command at Hertz.