NEW YORK, Dec 26- U.S. At the same time the Treasury sold $104 billion in new intermediate-dated supply. "Anytime bonds came out for sale everyone was backing up their bids and letting prices fall to where the auctions would attract sizable overseas interest," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee.» Read More
Like the tides, the wave of good feelings that swept over Wall Street and Main Street with the Federal Reserve's big rate cut could ebb just as quickly.
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at 5.75% earlier this month, judging it was too soon to tell how financial market troubles would play out.
German chemical company BASF plans to sell a 7-year euro benchmark bond, one of the banks managing the sale said on Wednesday, as the outlook for credit markets brightened.
The Bank of Japan kept interest rates unchanged as expected on Wednesday, hours after the U.S. central bank slashed rates by a hefty half-percentage point to try to shield the U.S. economy from a housing slump and market turmoil.
Australia's Treasurer Peter Costello on Wednesday warned the country's major banks not to raise their mortgage rates to maintain margins in the face of higher borrowing costs in markets.
The Fed's double-barreled rate cut was a surprise, even to traders who wanted a deep cut. But it is already igniting the back-of-mind fear that the Fed had to be very aggressive to head off some unknown economic problems.
The Federal Reserve acted Tuesday, cutting the fed funds rate and the discount rate by a half-percentage point each. Oil jumped to a new high as the news was announced and immediately afterwards, stocks rallied in the strongest reaction to a Fed move since 2001. With the Fed funds rate now at 4.75 percent and the discount rate at 5.25 percent, where will the market go? CNBC's experts weighed in.
The Fed cut two key interest rates by half a point, seeking to prevent a steep housing slump and turbulent financial markets from triggering a recession.
The dollar touched a record low versus the euro on Tuesday after the Federal Reserve cut the U.S. benchmark lending rate by half a percentage point, the first cut in four years, in a bid to boost the U.S. economy.
A month ago the Fed had no idea, Cramer said. But Tuesday's surprise rate cut has redeemed the central bank.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Treasury prices fell sharply Tuesday as investors celebrating the Federal Reserve's half-point cut in interest rates yanked their money out of bonds and shifted it to the stock market.
The statement released by the FOMC after lowering rates.
Warren Buffett tells CNBC that when it comes to stock investing, he "doesn't care" if the Federal Reserve lowers interest rates. Read a transcript of his comments to Becky Quick about the Fed, his investing strategies, and the price of oil.
Embattled British bank Northern Rock said a majority of customer calls it had received on Tuesday were to reinvest money in accounts, and queues for cash withdrawal were considerably down from past days.
European stocks rallied Tuesday, closing higher, with investors cheered by the prospect of a U.S. Federal Reserve rate cut and encouraged by the British government's intervention to reassure Northern Rock bank depositors.
The nation's top money managers, investment strategists and professional economists overwhelmingly expect the Fed to lower the federal funds rate a quarter-point, to 5%.
Since we’re all "Fed, Fed, Fed," it behooves me to weigh in on how a Fed rate cut would affect mortgage interest rates, not to mention the current mortgage despair spiral, as lenders run for cover and investors turn up their collective noses. From everything I hear, it’s not going to do much in the short term, but rather than hear it from me...
Federal Reserve policymakers are meeting today in one of the most closely watched central bank conferences in years. The Fed is slated to release its rate-cut decision at 2:15pm ET. CNBC asked the experts what they expect the Fed to do -- and what impact it will have on the economy and markets.
Tuesday Ben Bernanke and the Federal Reserve will hold their most important meeting in seven years. The afternoon decision on interest rates will likely make for the biggest trading day of the year. Find out how our traders are playing it - both ahead and after the news.
The Labor Department said it was the largest fall in producer prices since a 1.5 percent dip in October 2006.