Wall Street’s dealers swept up their biggest share of new 3-year notes in three years, as investors refused to bid aggressively for the $32 billion issuance. Read More
The news that the U.S. Treasury is considering issuing bonds that pay negative interest at maturity is a bit perplexing. Why would anyone want to pay to lend money to the government? Read More
JP Morgan Chase reported compensation expenses at the bank as a a whole rose 9 percent in 2011. But pay in its investment banking division fell 9 percent. Read More
New U.S. home sales data, showing sales were worse than reported for the past four years, and reports on European bank borrowing could produce some of the bigger headlines Wednesday, as markets wind down ahead of the quiet holiday week. Read More
With one final shopping week to go, investors will be keeping their eye on the consumer to see how holiday sales shake out and what it might mean for the economy. Read More