WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction, with rates on three-month bills dropping to their lowest point since late 2011.. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.010 percent, down from 0.015 percent last week.» Read More
Savvy investors are looking at the muni market and the state debt crisis a little differently. Iinstead of looking at the number as a whole, they break it down into its pieces and see both a far more manageable problem than is seen by those who gross up the problem and opportunities.
A spike in yields and a desire to diversify portfolios is prompting some unusual investors to jump into the municipal bond market, say traders and analysts.
It is important to recognize the idea that the U.S. bond market is in the latter stages of a 30-year journey during which a “duration tailwind” pushed down market interest rates and boosted returns.
Shorts rates in the U.S. and around the world have created a flow of funds into commercial real estate that's not necessarily natural, Barry Sternlicht, chairman and CEO of Starwood Capital Group, told CNBC on Thursday.
The negative press has created many buying opportunities. Roughly $25 billion has flowed out of mutual funds that manage municipal bonds in the last few months. Investors appear to be selling municipal bonds in an indiscriminate fashion.
China, the biggest buyer of U.S. Treasury securities, reduced its holdings in November after four months of gains.
Rates on fixed mortgages dipped for the second straight week as Treasury yields fell.
The European Central Bank increased its intervention in government bond markets last week, indicating that the euro’s monetary guardian remained wary of an escalation of the eurozone debt crisis, reports the Financial Times.
As the Federal Reserve debates whether to scale back, continue or expand its $600 billion effort to nurse the economic recovery, four men will have a newly prominent role in influencing the central bank’s path, the New York Times reports.
With investor sentiment bubbling at levels comparable to just before the market's historic highs in 2007, now may be the time to pull back some before the froth gets out of hand.
The Federal Reserve’s $600 billion stimulus program has done little to lower interest rates and or improve unemployment, though it has boosted stock and commodity prices, a CNBC survey says.
Apple will buy Facebook, Congress will block a third round of quantitative easing and the S&P will reach a new all-time high. These are just some of the outrageous predictions for 2011 put forward by Saxo Bank in its annual "Black Swan Exercise."
If China is no longer the U.S. government's largest creditor who is?
The recent selloff in the historically stable municipal bond market may have given tax-conscious investors pause, but investment pros say the intrinsic value of munis remains, especially for tax-conscious investors.
The dollar has been on the rise as yields on treasury notes have soared to record highs. Meanwhile, yields on the 30-year note are at their highest levels since May, so should you be fighting the Fed? Keith McCullough, CEO of Hedgeye Risk Management and CNBC contributor discussed his insights.
As the lone dissenter on the Federal Reserve committee that sets interest rates, Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, has been a persistent skeptic of just about everything the Fed’s chairman, Ben S. Bernanke, has done to try to stimulate the flagging recovery. The New York Times reports.
The surge in the municipal bond market is widely credited to foreign interest in the taxable bonds that dozens of states have issued under the Build America Bond program, reports the New York Times.
Here are three picks that are far better than Treasurys.
A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills in huge vaults, CNBC has learned.
Stocks are one of the best value asset classes available to investors, but sovereign bonds including US Treasurys are among the most expensive, Hank Smith, CIO of Haverford Investment, told CNBC Tuesday.