NEW YORK, June 19- Benchmark U.S. Treasury yields surged to their highest levels in 15 months on Wednesday as Federal Reserve Chairman Ben Bernanke suggested the U.S. central bank was prepared to reduce bond purchases if its economic outlook proves correct, even though the U.S. economy remained stuck at a sluggish pace.» Read More
*Fed buys $5.51 billion in Treasuries due 2018-19.
If the big bull market in bonds is about to come to an end, somebody tell corporate America, and fast.
Bhanu Baweja, global head of EM Research at UBS, reveals to CNBC the dirty secret of emerging markets and why their equities continue to underwhelm.
Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.
NEW YORK, June 13- Wall Street stocks rallied more than 1 percent on Thursday after stronger-than-expected U.S. economic data offset worries about a pullback in central bank stimulus, while the U.S. dollar slumped to a 10- week low against the yen.
NEW YORK, June 13- The U.S. dollar fell to a 10- week low against the yen on Thursday, extending a selloff on worries about an end to central bank stimulus, while Wall Street stocks moved higher on stronger-than-expected U.S. economic data.
LISBON, June 13- The International Monetary Fund said on Thursday Portugal's economic outlook was "somber" and its public debt condition "very fragile" although Lisbon has met the latest targets in its 78 billion euro bailout. It also said the political and social consensus behind Portugal's bailout was fraying.
*Fed to buy $2.75 bln to $3.50 bln in Treasuries. NEW YORK, June 13- U.S. Renewed appetite for Treasuries will likely bolster bidding at a $13 billion auction of 30- year bonds at 1 p.m., part of this week's $66 billion in coupon-bearing government debt supply, analysts said.
Discussing the big problems Obamacare creates for hospitals, doctors, and even medical students, with Dr. Beth Haynes M.D. of Benjamin Rush Society, Brian Blank, UNC-Chapel Hill Medical Student.
When does $1,000 equal $2.6 million? When it's a nearly unique $1,000 silver certificate.
CNBC's Maria Bartiromo speaks to Rep. Charles Rangel (D-NY) about whether the U.S. needs an independent counsel for the IRS scandal and whether Edward Snowden is a traitor or a hero.
Former GE boss Jack Welch said on CNBC that the IRS scandal shows how political views can play a part in decisions by government agencies, including the Bureau of Labor Statistics.
David Walker, founder and CEO of Comeback America Initiative, discusses the U.S. debt situation, and how to help cities and states by moving retirees to government exchanges.
Former Continental CEO Gordon Bethune discusses the health of the U.S. economy and shares his greatest concerns.