Santitarn Sathirathai, Head of Southeast Asia & India Economics Research at Credit Suisse, explains why it is important for the Bank of Thailand to leave interest rates on hold at 2 percent.» Read More
TOKYO, April 23- Sumitomo Life Insurance, Japan's fourth largest life insurance company, plans to shift some of its funds into foreign bonds from long-term domestic bonds, as bond yields in Japan are too low, a senior company official said on Wednesday.
WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.030 percent, down from 0.035 percent last week. For a $10,000 bill, the three-month price was $9,999.24 while a six-month bill sold for $9,997.47.
Creditors should be able to access limited information about Argentina's non-U.S. assets, said U.S. justices. The case has been going on for a decade.
*Traders discount separatist conflict in Ukraine. While conflict in Ukraine lingered on Monday, traders concentrated on last Thursday's upbeat U.S. economic data showing jobless claims remained low and factory activity was better than expected, and a significant international agreement to lower tension in Ukraine.
TOKYO, April 21- The Bank of Japan is likely to hold off on expanding monetary stimulus for as long as possible but when it does act, it will take "extraordinary" steps such as buying government bonds on a massive scale, a former central bank policymaker said on Monday.
U.S. Treasury yields were little changed on Monday after recent strong economic data and last week's efforts to settle unrest in Ukraine.
TOKYO, April 21- Japanese government bond prices dipped slightly on Monday on a rise in Japanese shares, with the benchmark 10- year yield unable to break strong support at 0.6 percent. The 10- year JGB yield briefly touched a four-week low of 0.595 percent but edged back to 0.600 percent, up 0.5 basis point from Friday's settlement.
Emerging markets have charged ahead recently, but Morgan Stanley expects the rally will run out of steam once earnings season strikes.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories. A shortened trading week, this week, as Easter is on Sunday. The week ended positive after Janet Yellen reassured investors. Low rates could be around another two years, she said.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region picked up in April at a faster clip than expected.
US 10- YEAR TREASURIES YIELDS RISE TO SESSION HIGHS OF 2.71 PERCENT AS UKRAINE TENSION EASES.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region expanded in April at a faster clip than expected.
US 30- YEAR TREASURIES BONDS EXTEND PRICE LOSSES TO A FULL POINT, YIELDS RISE TO 3.50 PERCENT.
NICOSIA, Cyprus— Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence.
US TREASURIES YIELDS RISE AFTER PHILADELPHIA FED DATA.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar/yen.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. "There is follow-through from yesterday, there was significant selling in the middle of the curve," said Tom Tucci, head of Treasuries trading at CIBC in New York.
US TREASURIES YIELDS HIT SESSION HIGHS AFTER JOBLESS CLAIMS, 10- YEAR NOTES YIELD 2.66 PERCENT.
They want to paint her as a dove, says John Ryding, RDQ Economics, sharing his thoughts on what will likely prompt the Federal Reserve to raise interest rates, and whether inflation will become a factor in Fed policy.
U.S. bonds held modest losses on Thursday, as dovish remarks from Janet Yellen and rising demand for stocks softened demand.