There was also some safe-haven buying in the afternoon, boosting bond prices, in connection with tensions in the Middle East after the Federal Aviation Administration advised U.S. airlines not to fly to Tel Aviv in Israel.» Read More
Shrinking spreads between emerging market bond yields and U.S. Treasurys' may spur bubble fears, but some analysts don't see any reason for alarm.
NEW YORK, July 15- The bond market traded in a narrow range on Tuesday, absorbing Federal Reserve Chair Janet Yellen's message that the U.S. economic recovery remains incomplete and early signs of a pick-up in inflation are not enough to accelerate anticipated interest rate increases.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
NEW YORK, July 15- U.S. Yellen speaks before the Senate Banking Committee at 1000 EDT and again to the House Financial Services Committee on Wednesday as part of its semiannual monetary policy report.
CNBC's Jim Cramer weighs in on a string of earnings out this morning, including JPMorgan, Goldman Sachs, and Johnson & Johnson.
CNBC's Steve Liesman and Paul McCulley, Pimco chief economist, provide perspective on Tuesday's retail sales numbers and weigh in on Fed policy ahead of Janet Yellen's Capitol Hill testimony.
Sen. Heidi Heitkamp, (D-N.D.), discusses what she wants to hear from Janet Yellen when the Fed Chair testifies before Congress later this morning on Fed monetary policy.
Paul McCulley, Pimco chief economist, provides perspective on why the banking sector will have to change its current business model.
Paul McCulley, Pimco chief economist, shares his thoughts on Fed policy, Janet Yellen and interest rates.
The Fed needs to get off of zero interest rates in a reasonable time frame, says Paul McCulley, Pimco chief economist, discussing the Fed exiting its easy money policy.
Bill Gross is my friend, says Paul McCulley, Pimco chief economist, talking about his return to Pimco after the departure of Mohamed El-Erian. Pimco is in my blood, says McCulley.
The Fed has been successful against great odds and a great deal of criticism from Wall Street, says Paul McCulley, Pimco chief economist, sharing his thoughts on Fed policy, Janet Yellen and the economic recovery.
Fed Chair Janet Yellen begins two days of testimony before Congress. Will Yellen stay the course or ruin the rally? Michael Tyler, Easter Bank Wealth Management, and Jim Swanson, MFS Investment Management, discuss what they expect to hear from Yellen's testimony.
WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction, with rates on six-month bills unchanged while rates on three-month bills dropped to the lowest level since late April. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.025 percent, down from 0.030 percent last week.
*Concerns ease over Portugal's top bank. Yellen, who will go before the Senate Banking Committee Tuesday to deliver the latest report to Congress on monetary policy, could take a hawkish stance on raising interest rates in response to strong June jobs data, analysts and investors said.
CNBC's Rick Santelli discusses employment trends in the U.S., and inflation concerns, with Richard Farr of Boenning & Scattergood.
*Concerns ease over Portugal's top bank. Yellen, who will go before the Senate Banking Committee early Tuesday to deliver the latest report to Congress on monetary policy, could take a hawkish stance on raising interest rates in response to strong June jobs data, analysts said.
CNBC's Rick Santelli discusses corporate tax inversions, and the latest action in the bond market, and the U.S. dollar.
CNBC's Jim Cramer shares his thoughts on Citigroup's quarterly numbers. This is a major turnaround for the banks, says Cramer. Also Cramer weighs in with his outlook on the markets, and tax reform.
*Yellen's testimony before Congress next week seen key. Treasuries prices rose on Friday, with benchmark yields hovering at their lowest in five weeks, on safe-haven demand stemming from intensified fighting in the Middle East and worries about problems at Portugal's biggest listed bank.