Over the past one month, U.S. stocks have given up almost all their gains of the year, making valuations look very attractive, but one expert cautions against falling for these "cheap" stocks.
Investors have little choice now but to cling to low-yielding U.S. government debt as European leaders ponder a messy Greek exit from the euro zone, Pimco's Bill Gross told CNBC.
U.S. Treasurys prices drifted lower on Thursday after a well-received auction of seven-year notes and as traders prepared for an abbreviated session ahead of a long holiday weekend.
Benchmark U.S. Treasury debt prices fell for a third consecutive day on Tuesday as investors took profits from recent gains and pushed for lower prices going into auctions of government debt this week.
China can now bypass Wall Street when buying U.S. government debt and go straight to the Treasury in what is the Treasury's first-ever direct relationship with a foreign government.
U.S. Treasurys prices were mixed on Monday as investors took profits after a recent rally that was sparked by fears over a worsening of the European debt crisis and ahead of $99 billion in new Treasurys supply scheduled for this week.
Prices on Treasury bonds rose in the wake of the Federal Open Market Committee's minutes showed the central bank is willing to provide more stimulus if the U.S. economy falters.
U.S. Treasury prices rose on Monday, pushing yields to the lowest since early October as political turmoil in Greece, an anti-austerity vote in Germany and concern of slower growth in China drove a bid for safety.
Spanish and Italian sovereign debt yields climbed Monday, as the countries carried out bond auctions, though Italy fared better between the two nations.
U.S. Treasury bond prices rose on Friday after JPMorgan unveiled heavy losses and as uncertainty over Greece's political future sparked demand for safe-haven debt.
Moody’s has warned that the tendency of global banks to avoid new capital requirement rules and load up on debt will continue to put pressure on their creditworthiness. The Financial Times reports.