Interest Rates


  • Rates rise at weekly US Treasury bill auction Monday, 22 Dec 2014 | 5:17 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.055 percent, up from 0.035 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.155 percent, up from 0.110 percent last week. For a $10,000 bill, the three-month price was $9,998.63, while a six-month bill sold for $9,992.21.

  • Santelli: Rates mostly flat  Monday, 22 Dec 2014 | 9:42 AM ET

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

  • This will hurt us more than oil: Caterpillar CEO Monday, 22 Dec 2014 | 8:37 AM ET
    Doug Oberhleman, chairman and CEO of Caterpillar.

    The effects of lower oil prices won't hurt Caterpillar as much as the slowdown in mining in recent years has, CEO Doug Oberhelman says.

  • LONDON, Dec 22- Britain will widen the scope of laws which make the manipulation of market benchmarks a criminal offence to include seven more rates covering the currency, gold, oil and silver markets by April 1, the government said on Monday. The finance ministry said seven benchmarks including the WM/Reuters 4 p.m. London fix-- the dominant global benchmark in the...

  • What dominated the U.S. market moves last week?  Monday, 22 Dec 2014 | 5:50 AM ET

    Did the Fed's meeting and the oil rebound dominate markets last week? Alan Knuckman, chief options strategist at Bulls-Eye Options, disagrees, saying that "profit-taking" was behind the U.S. markets moves last week.

  • '2015 to be a tale of two halves': OCBC  Sunday, 21 Dec 2014 | 10:11 PM ET

    Vasu Menon, Vice President, Wealth Management at OCBC, expects a volatile year ahead as a possible hike in U.S. interest rates will lead to increased anxiety among market investors.

  • SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next but its revised projections were still seen as too optimistic, supporting expectations of an interest rate cut early next year. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent projected...

  • SINGAPORE, Dec 22- Gold was stuck below $1,200 an ounce on Monday, struggling to get past last week's losses, hurt by a stronger dollar and equities which dulled the metal's safe-haven appeal, and expectations of higher U.S. interest rates. *Spot gold was little changed at $1,194.95 an ounce by 0023 GMT, after losing about 2 percent last week on worries over a U.S....

  • StanChart's investment guide for 2015  Sunday, 21 Dec 2014 | 5:42 PM ET

    Steve Brice, Chief Investment Strategist at Standard Chartered Wealth Management Group, expects 2015 to see greater volatility with a pending U.S. rate hike and explains what that means for investors.

  • The Week That Was: Gas down, Cuba relations up  Friday, 19 Dec 2014 | 4:01 PM ET

    CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks surged this week after the Fed kept rates where they are and said it would be patient.

  • MOSCOW, Dec 19- Russia's central bank said on Friday it had raised the limit on foreign exchange swap operations to $10 billion from $2 billion for Dec. 19 to alleviate a shortage of roubles in the money market. "This measure contributes to narrowing the spread between the interbank market rates and the Bank of Russia key rate," the central bank said in a statement.

  • SAN FRANCISCO, Dec 19- U.S. inflation will likely still be "well below" the Federal Reserve's 2- percent target next year, but that won't stop the central bank from raising interest rates, a top policymaker said on Friday. "I would say at this point that June 2015 seems like a reasonable starting point for thinking about when liftoff could happen," San Francisco Federal...

  • OTTAWA, Dec 19- Tumbling gasoline prices cooled inflation in Canada last month, providing the country's central bank with plenty of room to keep interest rates at their current low levels for some time yet. Core inflation, which strips out volatile items and is closely watched by the Bank of Canada, fell back to 2.1 percent from 2.3 percent, short of expectations...

  • *Bids emerge after yield rise on Fed patience on rate hike. NEW YORK, Dec 19- U.S. It is just stabilizing after two days of sitting near their recent highs, "said George Goncalves, head of U.S. interest rate strategy at Nomura Securities International in New York.

  • Santelli: Dollar-yen coming back  Friday, 19 Dec 2014 | 9:37 AM ET

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

  • *European shares rise after sharp gains in Asia, United States. LONDON, Dec 19- Gold steadied on Friday, struggling to rise above the $1,200 an ounce mark as the dollar firmed and investor appetite for risk increased on expectations of rising U.S. interest rates. "Right now, the market is struggling to move away from $1,200... the fact that we made a move below $1,189 after...

  • Hong Kong shares close up, buoyed by U.S. optimism Friday, 19 Dec 2014 | 3:08 AM ET

    HONG KONG, Dec 19- Hong Kong shares finished up on Friday, climbing for a second day heartened by the prospect that U.S. interest rates will stay low for a while. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, unchanged at HK $0.02 G-Resources Group Ltd, up 1.7 percent at HK $0.18 and China Construction Bank Corp, up 1.0...

  • *Gold cuts weekly loss, other precious metals also firmer. SINGAPORE, Dec 19- Gold edged up above $1,200 an ounce on Friday as buyers helped the metal hold up against rising equity markets, paring losses fueled by worries over a looming hike in U.S. interest rates. A surge in gold prices to above $1,230 an ounce last week from around $1,140 a week earlier has spurred...

  • TOKYO, Dec 19- Japanese stocks posted their best day in 6-1/ 2 weeks on Friday as investors continued to take heart from the U.S. Federal Reserve's "patient" approach to raising interest rates, while awaiting comments from the head of the Bank Of Japan after it held policy steady. The Bank of Japan maintained its massive monetary stimulus and offered a brighter view...

  • Why the Fed don't have to raise rates in 2015  Thursday, 18 Dec 2014 | 10:10 PM ET

    Amid weaker economic growth outside the U.S., the central bank is in no hurry to increase interest rates next year, says Kumar Palghat, Director at Kapstream Capital.