Feb. private payrolls growth weaker than expected. NEW YORK, March 4- U.S. The Institute for Supply Management, meanwhile, said its services index was 56.9 in February, up slightly from 56.7 in January and beating analysts' expectation for a reading of 56.5, according to a Reuters poll.» Read More
Saving the nation’s financial system from reckless banks and brokerage firms is an enormous job, heaven knows. But somebody’s got to do it, so the Federal Reserve Board, with its taxpayer-funded balance sheet, stepped in.
Treasury debt prices rose Friday after a surprisingly weak sentiment reading reawakened fears that consumer spending could slide.
Treasury debt prices climbed Thursday after signs of softness in manufacturing and the labor market hinted the economy continued to weaken.
Treasury debt prices shed earlier gains Wednesday as sharply rising stocks curbed the safe harbor bid for government securities.
The 30-year Treasury bond's price fell more than a full point Tuesday in the aftermath of a stronger-than-expected U.S. retail sales report and data showing persistent import price inflation.
Treasury debt prices rose after a Federal Reserve official's comments sparked renewed concern about the US economy and as investors plowed more cash back into the market from the quarterly refunding.
Treasury debt prices rose as traders reinvested cash from a record amount of maturing federal government bonds into Treasurys amid persistent worries about the economy.
Treasury debt prices hit session highs as stocks extended losses after oil prices jumped to record peaks above $123 per barrel.
The price of 10-year Treasury notes dipped Tuesday, erasing earlier gains, as reassuring comments from Fannie Mae sent the stock market higher and dimmed bonds' safe-haven appeal.
Treasury debt prices shed losses to trade narrowly mixed Monday as stocks extended their losses to trade at session lows.
Treasury debt prices fell on news of an unexpectedly small decline in nonfarm payrolls last month, which mitigated views that the economy was on course for a deep recession.
Treasury debt prices eased Thursday as soaring stocks squashed the safe-haven bid for government debt and investors raised their expectations the Federal Reserve will pause in its interest-rate cutting campaign.
The Bush administration, moving to cope with soaring budget deficits, says it is bringing back the one-year Treasury bill that it stopped issuing seven years ago when the budget was in surplus.
Treasury debt prices recouped losses to trade unchanged after the Federal Reserve cut interest rates by 25 basis points, as was widely expected, and signaled financial markets remain stressed.
Treasury debt prices rose as data showing slumping home prices and dismal consumer confidence reinforced the idea that the economy is still struggling and supported a safety bid for bonds.
Treasury debt prices rose Monday despite a little strength in stock futures in a slow start to what is expected to be a busy, and perhaps trend-setting week, for government debt.
US government bond prices eased Friday but pulled off their lows as dour consumer sentiment and a withering stock market put a floor under safe-haven Treasurys.
US government bond prices fell Thursday, pushing yields on short-dated paper to their highest in three months, after data showing signs of resilience in the economy fueled doubts over future Fed rate cuts.
Short-dated US government bond prices held steady on Wednesday as investors appeared well prepared for a massive auction of two-year notes, while longer-dated issues fell in the face of a rising stock market.
Long-dated US government bonds rose Tuesday, as a weaker stock market revived some of the allure of safe-haven Treasurys.