Discussing what really moved the bond market one week ago, and what we're hearing from the Fed, with Jeff Rosenberg, BlackRock.» Read More
U.S. Treasury debt prices slid sharply on Wednesday, led by long-dated bonds, due to inflation worries and demand for riskier assets such as stocks after the Federal Reserve's aggressive rate cut.
Paulson, in a letter to congressional leaders, urged quick Senate approval of a bill that would increase U.S. borrowing authority by $850 billion and reduce chances uncertainty over federal funding would exacerbate financial market turmoil.
Treasury prices fell sharply Tuesday as investors celebrating the Federal Reserve's half-point cut in interest rates yanked their money out of bonds and shifted it to the stock market.
U.S. Treasury debt prices eased on Monday, as investors pared bets for a more aggressive interest rate cut from the Federal Reserve absent any further deterioration in the economy.
U.S. Treasurys eased Friday after soft economic data supported expectations of a modest interest rate cut by the Fed next week but disappointed investors betting on an aggressive reduction.
U.S. Treasury debt prices fell for a third day Thursday as signs of stability in the distressed credit markets caused investors to switch out of safe-haven government bonds.
U.S. government bond prices fell for a second day Wednesday as traders locked in profits from a rally fueled by speculation that the Federal Reserve could opt for a half-point interest-rate cut next week.
U.S. government debt prices fell in quiet trade Tuesday, weighed down by profit-taking and surging stocks, but expectations of a Federal Reserve interest rate cut next week curbed losses.
El-Erian will rejoin Pimco, one of the world's biggest fixed-income managers, as co-chief executive officer and co-chief investment officer, Harvard and Pimco said.
U.S. Treasuries surged Monday, driving short-dated yields to two-year lows, as traders bet the Federal Reserve would aggressively cut interest rates next week and stocks eased on housing-related worries.
Stocks ended a seesaw trading session mixed as a recovery in financial stocks and a rally in tech the tech sector were offset by uncertainty of the future of the U.S. economy. "You can't be real negative on the market because the Fed could ease at any moment, given how seized up the commercial paper market is," said Tony Dwyer of FTN Midwest Securities.
Could the housing market's woes spread to bonds held in mutual funds by millions of ordinary investors?
U.S. government debt prices soared Friday, sending short-dated yields to two-year lows, after surprisingly weak jobs data stoked recession fears and raised expectations for a Federal Reserve interest rate cut.
Treasury debt prices dipped Thursday, as reports of a stronger-than-expected U.S. service sector and job market reduced expectations for a deep cut in official interest rates.
U.S. government debt prices rallied Wednesday, sending benchmark yields to five-month lows, after weak housing and employment reports solidified bets that the Federal Reserve would cut interest rates this month.
Stocks closed broadly lower as already jittery investors expressed disappointment that the latest Fed minutes showed policymakers were reluctant to cut interest rates. "The comments from the Fed not indicating that a rate cut was imminent and further deterioration in the financial sector -- all of this combined and we're down substantially here," said Brian Schaeffer, an NYSE floor specialist at Van der Moolen.
U.S. Treasury debt prices fell Friday as stocks rallied on a White House plan to rescue homeowners caught in the subprime mortgage debacle, taking the recent safe-haven bid out of government bonds.
Stocks closed mostly lower after a day of choppy trading as investors worried whether Federal Reserve Chairman Ben Bernanke would signal a possible interest rate cut during a speech Friday morning. Volume was very light but without extreme volatility," said Scott Fullman, director of investment strategy, for IA Englander.
Reports that gasoline supply is at a record low is fueling a big jump in gasoline prices at the NYMEX. The Department of Energy's Energy Information Administration today says gasoline supply is at a record low, reaching just 20 days of supply.
If you've been watching CNBC, you know there are a wide range of opinions on what Fed Chairman Ben Bernanke will say tomorrow and everybody, but everybody has one. Bernanke, as you've no doubt heard, addresses the annual Kansas City Fed symposium in Jackson Hole, Wyo. at 10 a.m. New York time.