*Bids emerge after yield rise on Fed' patience' on rate hike. *Fed's Kocherlakota sees risks from possible 2015 lift-off. NEW YORK, Dec 19- U.S.» Read More
Treasury prices turned higher Wednesday, bolstered by surprisingly strong investor demand in a government sale of $18 billion in new 2-year Treasurys.
Treasury prices rose sharply Tuesday, after homebuilder Lennar reported a big loss and a national report showed existing home sales at a five-year low in August.
U.S. Treasury prices finished mostly higher Monday, shaking off an early decline and benefiting from a downturn in the stock market. In general, stocks have risen while Treasurys have been driven lower in the wake of the Federal Reserve's decision last week to reduce official rates by a full half percentage point.
U.S. Treasurys were flat to slightly higher Friday as investors took a break from recent selling that has been based on rising expectations of climbing inflation amid soaring oil prices and a falling dollar.
Stocks closed lower as a better-than-expected earnings report from financial bellwether Goldman Sachs was offset by record-high crude prices and a plunging greenback. "When Bernanke cut rates people thought the glass was half-full now today it looks like it is half-empty," said Phil Roth, chief technical analyst with Miller Tabak.
U.S. government debt prices fell Thursday, extending earlier losses, after a surprise decline in weekly jobless claims scaled back worries about labor weakness and overall health of the economy.
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.