The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.010 percent, down from 0.015 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.070 percent, down from 0.085 percent last week. For a $10,000 bill, the three-month price was $9,999.75, while a six-month bill sold for $9,996.46.» Read More
Government bonds rose across the board on Monday after HSBC launched Britain's biggest-ever rights issue, of $17.75 billion, to shore up its balance sheet after reporting an 18 percent fall in adjusted pretax profit for 2008 and cut its dividend.
Stocks spent the last day of the week in the red Friday, dragged lower by nagging fears about the global economy and financial system. Experts tell CNBC that the dollar and bonds show short-term opportunities during the market volatility.
Market volatility has eased somewhat from last quarter’s peak where we saw the VIX, or more popularly known as the “fear index”, hit an all time high of 89.53. Investors fled to safe havens like cash and Treasurys, driving down the yield on three-month T-bills to under zero percent at a point!
Itching to get in the game, but still cautious about putting your money in stocks? Karen Finerman reveals her favorite trade in fixed income!
Friday the 13th proved lucky for global stocks as the spent the day in the green. Financials lead the gains on news of a US subsidy plan for mortgage payments. The improved mood among investors comes ahead of this weekend's G7 meeting of financial leaders.
Global stocks spent another day in the red Thursday as investors questioned whether the $789 billion US stimulus package will restart the economy.
Global stocks were lower Wednesday as investors were disappointed by the lack of clarity in new US Treasury Secretary Timothy Geithner's financial rescue plan. Experts tell CNBC that during the economic slowdown and market uncertainty, the bond market is the place to invest.
Stocks and financials fell, while Treasuries and gold jumped at the exact moment Geithner hit the podium. For trading strategies in the wake of this mess, tune to FM tonight.
Investors will have to short government bonds at some point despite their current attraction, as the amount of debt issued is "staggering" and inflation risks are down the road, Jim Rogers, CEO of Jim Rogers Holdings, told CNBC Tuesday.
The new financial rescue plan may not work and could even make things worse because it plunges the US further into debt and it is designed by the same people who failed to forecast the crisis and take measures, legendary investor Jim Rogers told CNBC Tuesday.
As Chinese citizens are starting to send more money out of the country, foreign investors are pulling money out too, and slowing the pace of new investment.
A 4-day rally in the S&P 500 and the NASDAQ, the first 4-day rally since the end of November (Dow only up 3 days in a row). The S&P has rallied 5 percent in that period.
The Fed issued a long statement that clearly indicated their policies would be fluid. There was a little bit for everyone in the statement who wanted an aggressive Fed, and some for those who wanted a more conservative Fed.
In late breaking news Steve Liesman reveals that the Treasury could set up a bad bank -- as soon as next week!
The recent lull in the government bond market's bullish tone only enhances the arguments for ramping-up a portfolio of the heretofore dullards of the financial markets.
Certified financial planner Bill Losey says they make for a low-risk addition to your portfolio.
As dominant global stock markets continued to decline Friday, are emerging markets better places for investors to put their money? Experts interviewed on CNBC believe so.
Jesse writes, “US Bancorp has been taking a beating this week. Is now a buying opportunity or should I stay away?”
With the dramatic plunge in the British pound and the dramatic rise of the Japanese yen & Swiss Franc, the rumblings from Tokyo to Zurich to London are all pointing in the direction of action, says Andrew Busch.
Global stocks bounced back from 7-week lows Thursday, following an overnight recovery in the US stock market on the back of strong earnings reports from Apple and IBM. Experts tell CNBC they see investment potential in the energy and tech sectors, as well as in various parts of Asia.