NEW YORK, July 29- U.S. Thirty-year bond yields fell as low as 3.22 percent, the lowest since June 7 of last year. "The theme has really been the flattening," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.» Read More
Stocks advanced Thursday after a report showed jobless claims fell last week and banks gained. Weak retail sales tempered the mood.
New U.S. jobless claims fell for a third straight week last week; productivity rose 1.6 percent. What does this herald for the stock markets? Art Cashin, UBS Financial Services director of floor operations, offered his insights to CNBC.
Stocks opened slightly higher Thursday after a report showed jobless claims fell last week but the gains were offset by the retail surprise: three-quarters of retailers reporting chain-store sales this morning missed their targets.
Stocks opened slightly higher Thursday after a report showed jobless claims fell last week.
Stocks were headed for a flat open after futures pared gains on dismal sales reports from some of the nation's largest retailers.
The Bank of England is not expected to move this week as its Monetary Policy Committee meets to decide on rates.
Wall Street is terrified of both inflation and deflation, high and low oil prices, a strong and a weak dollar. Here’s how you avoid the panic.
When you search for driving directions online, a good site will give you several options like “no tolls,” “quickest route,” or “avoid highways.” You have choices like this when it comes to paying off your credit card debt. Now, I don’t know about you, but I don’t think it’s good advice to tell someone to take the time to enjoy the tree-lined roads on their way to becoming debt-free, please don’t worry that it takes so much longer. For me—and from what I can see also many, many of you—getting out of credit card debt was all about getting out hard and fast. I wanted the route that not only avoided tolls (or fees, in credit-card land) but also that got me to my destination as quickly as possible—a $0.00 balance.
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With weakness in the dollar expected to continue, investors are rethinking their plans across virtually the entire spectrum of asset classes.
The recent surge in mortgage rates hasn't put a crimp in the housing recovery so far, but some economists think it could if rates head much higher.
Historically, the pending home sales index has tracked along pretty closely with the existing home sales number, and so has been a pretty reliable leading indicators. Lately that’s become less and less true.
South Korea's foreign exchange reserves reported their biggest monthly rise ever in May, central bank data showed on Tuesday.
“We have lost multiple loans already, due to low valuations, and we have some frustrated homeowners,” a mortgage broker in Maryland tells me. “Start writing your story on the collapse of mortgage applications this week,” a mortgage analyst instructs me.
As confidence increases in stocks and a slew of factors works against US debt, investors are unlikely to flock to Treasury bonds until yields get significantly higher.
South Korean exports and imports in May both dropped more than expected, data showed on Monday, dampening growing hopes for an early recovery in Asia's fourth-largest economy.
So what's a half a percentage point or even three quarters of a point, when mortgage interest rates are still historically low? Well, apparently a lot.
The recent surge in interest and mortgage rates is not down to the Federal Reserve’s purchases of Treasury and mortgage assets, sources familiar with the thinking of Fed officials told CNBC.
South Korean manufacturers' assessment of the business outlook for June hit an eight-month high, data showed on Friday, indicating the economy had passed its trough.
The US government will need to keep Treasurys yields as high as 4 percent in order to entice investors to buy them, Pimco co-CEO Bill Gross said.