The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, unchanged from last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.085 percent, up from 0.080 percent last week. For a $10,000 bill, the three-month price was $9,999.62, while a six-month bill sold for $9,995.68.» Read More
Leon Cooperman, Omega Advisors chairman & CEO, discusses why he thinks Treasury bonds are a bad bet for investors; investing in dividend-yielding stocks; the direction of commodities; and his strategy for the foreseeable future.
Peter Schiff, Euro Pacific Capital, and Paul Hickey, Bespoke Investment Group, discuss two bullish calls on stocks and the direction of the market.
Insight on the risk of higher oil prices on the U.S. economy, Timothy Geithner, Treasury Secretary, who says there is no quick fix to reducing oil prices but encouraging Americans to be more energy efficient can lighten the burden. Geithner also discusses the steps the ECB is taking to ensure the world that Europe is taking steps to prevent a catastrophic financial crisis.
CNBC's Rick Santelli has the update on bond yields and the dollar.
The high-end income consumer has dominated more of total spending, says Meredith Whitney, Meredith Whitney Advisory Group founder/CEO. Whitney says the middle class has been compromised because they have been "de-banked." She continues, "where spending has been compromised are the areas that have fueled the economy for the last 15-20 years."
Discussing why investors should make room in their portfolios for Treasurys because of the liquidity out of the ECB, with Gina Sanchez, Roubini Global Economics and CNBC's Rick Santelli.
The structural issues around the EU are very difficult issues, says Former Treasury Secretary Henry Paulson. The important thing is to construct a big enough firewall so we stabilize the banks and make sure they do not have a big systemic bank failure or messy member failure. When asked whether he believes another Lehman Bros. situation could happen in Europe, Paulson says the Lehman collapse is not the right analogy but Europe could learn from it to avoid systemic failures in the future.
Former Treasury Secretary Henry Paulson discusses the harsh rhetoric from political candidates on China's trading behavior and says that during a political season heavy criticism on China plays well. Paulson adds, while there is a lot of work that needs to be done in China, he sees the nation as the largest and fastest growing export market.
Mad Money's Cramer turns a technical eye on the charts to see whether long-term Treasuries are about to become a losing play in 2012.
Wall Street’s dealers swept up their biggest share of new 3-year notes in three years, as investors refused to bid aggressively for the $32 billion issuance.
CNBC's Rick Santelli sheds insight on the three-year Treasury auction.
"You have a backdrop where there's a lot of money that wants to get better return, but people are not willing to take the risk of going all the way into stocks," says an investment strategist.
Discussing whether QE3 is needed and whether Friday's jobs numbers will change the Fed outlook, with with Alfred Broaddus, former Richmond Federal Reserve president and CNBC's Steve Liesman.
With an improving economy, why is the Fed keeping interest rates ultra-low until 2014? Randy Kroszner, fmr Federal Reserve Governor, weighs in.
Bonds will continue their selloff, says Jim Iuorio, TJM Institutional Services and CNBC's Rick Santelli. "People are pricing in more volatility," says Iuorio.
The 10-Year note rose the most in six week after today's better-than-expected jobs report. Jeff Kilburg, Treasury Curve, explains whether now is the time to short bonds.
Fred Tomczyk, TD Ameritrade president & CEO, discusses the outlook on retail trades and investor sentiment.
The news that the U.S. Treasury is considering issuing bonds that pay negative interest at maturity is a bit perplexing. Why would anyone want to pay to lend money to the government?
The U.S. Treasury is considering permitting negative interest rate bids in auctions for Treasury bills.
The Federal Reserve's zero-interest-rate policy is hampering economic recovery by discouraging bank lending, Pimco bond titan Bill Gross said in an analysis.