Interest Rates


  • Rates rise at weekly US Treasury auction Monday, 20 Oct 2014 | 5:31 PM ET

    WASHINGTON— Interest rates on short-term Treasury bills rose in Monday's auction with rates on six-month bills reaching their highest level since July. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.020 percent, up from 0.010 percent last week. For a $10,000 bill, the three-month price was $9,999.49, while a...

  • Santelli Exchange: QE consequences     Monday, 20 Oct 2014 | 10:44 AM ET

    CNBC's Rick Santelli speaks to Peter Schiff, Euro Pacific Capital, about volatility in equities and the Fed's plan to end QE. Schiff explains why believes the Fed is ready to launch another round of QE.

  • Santelli: US dollar mixed     Monday, 20 Oct 2014 | 9:42 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • Correction possible, but QE end needed: Fed Fisher Monday, 20 Oct 2014 | 9:11 AM ET
    Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas.

    Dallas Fed President Fisher said stock market volatility has not changed his outlook for ending the central bank's bond-buying program "one iota."

  • SEOUL, Oct 20- For a country trying to avoid the menace of deflation, South Korea is receiving timely help from unusual quarters- the country's landlord and their tenants. Nomura estimates that there was some $400 billion tied up in jeonse deposits in 2012, equal to one-third of South Korea's annual economic output. "The sharp drop in interest rates is the most...

  • Here's what's been happening in markets this month Saturday, 18 Oct 2014 | 9:02 AM ET

    What a difference a month makes. On Sept. 18, the U.S. stock market reached a record high after a mostly uneventful summer. Long-term interest rates headed higher, a sign that investors expected steady U.S. growth.

  • Market turmoil: A gift for mortgage refinancers? Saturday, 18 Oct 2014 | 9:01 AM ET

    A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans:. Rates on long-term mortgages tend to track the 10- year Treasury yield, which fell below 2 percent for the first time since May 2013. Accordingly, the average rate for a 30- year fixed mortgage, mortgage giant Freddie Mac reported, dipped below 4 percent to 3.97 percent—...

  • CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks were all over the place and oil briefly dropped below $80/barrel. And Netflix takes a big hit.

  • Oct 17- Cliffs Natural Resources Inc said it would write down the value of its coal and iron ore assets by $6 billion due to weak prices, putting it in breach of debt covenants and sending its shares down as much as 6.8 percent. We believe this will result in higher interest rate on revolver borrowings going forward, " FBR Capital Markets analysts wrote in a note.

  • Cashin: Europe jawboning & watch oil     Friday, 17 Oct 2014 | 11:52 AM ET

    Discussing Europe's central bank policy, and his view of current U.S. market levels, with Art Cashin, UBS. He says if oil goes negative, he'd assume pressure to come for stocks.

  • Santelli tracks yield pop     Friday, 17 Oct 2014 | 9:45 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • LONDON, Oct 17- Britain's economic recovery might stall if interest rates rise too soon, the Bank of England's chief economist said on Friday as he offered the strongest signal yet that the bank is prepared to delay increases in borrowing costs. Andrew Haldane said he was more downbeat about the outlook for the economy, given weaker global growth, greater...

  • BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET Friday, 17 Oct 2014 | 5:02 AM ET

    LONDON- World stocks hit a nine-month low but oil and southern European bonds are off their week's lows, as investors begin to dust themselves off after one of the most volatile spells in world markets in years. LONDON- The Bank of England may need to keep interest rates lower for longer than previously thought to reduce the chance of Britain's economy slipping...

  • Bank of England chief economist: rates to stay low Friday, 17 Oct 2014 | 4:58 AM ET

    LONDON— The Bank of England's chief economist signaled Friday that interest rates could remain at record lows for longer than expected due to weaker wage growth and global economic uncertainties. Andrew Haldane told business leaders he had become "gloomier" because real wages are falling, productivity is stagnant and savings interest rates are at their...

  • *BoE's Haldane says gloomier about economy than 3 months ago. *Haldane says markets see risk of long-term stagnation. LONDON, Oct 17- The Bank of England may need to keep interest rates lower for longer than previously thought to reduce the chance of Britain's economy slipping into long-term stagnation, its chief economist Andrew Haldane said on Friday.

  • Don’t hold your breath waiting for QE4 Friday, 17 Oct 2014 | 3:44 AM ET

    Suggestions QE might go on a U.S. reunion tour helped to stem market losses, but don't hold your breath waiting for the Fed to whip out the checkbook, analysts said.

  • A US rate hike will come, but when?     Thursday, 16 Oct 2014 | 10:45 PM ET

    Jesper Bargmann, Head of Trading, Asia at Nordea Markets, discusses the possibility of a delay in the Fed's rate hike after James Bullard's comments.

  • Why the Fed is right to 'wait and see'     Thursday, 16 Oct 2014 | 7:19 PM ET

    John Carey, EVP & Portfolio Manager, Pioneer Investments, discusses the Fed's strategy in ending quantitative easing amid jitters over global growth.

  • U.S. repo rate rises to highest since March Thursday, 16 Oct 2014 | 4:34 PM ET

    NEW YORK, Oct 16- A key short-term U.S. interest rate on Thursday reached nearly a seven-month high on demand to finance a flood of Treasuries that hit the open market following a massive stampede out of bearish bond bets the day before. In the $5 trillion U.S. repurchase agreement market, the overnight interest rate for banks and Wall Street firms to borrow and fund...

  • WASHINGTON, Oct 16- Two former derivative traders for Dutch lender Rabobank were charged on Thursday with manipulating Libor, the latest actions from a U.S. investigation into the setting of the benchmark interest rate that has resulted in charges against nine individuals and $2 billion in penalties against five banks. Anthony Allen, who was Rabobank's...