Short-dated U.S. Treasurys rallied on Friday, sending two-year yields to 11-month lows, as investors sought the safety of government bonds on fears that this year's stock market recovery had finally come to end.
U.S. Treasury debt prices eased Wednesday as unexpectedly strong inflation data encouraged a bout of profit-taking, though persistent signs of weakness in the housing sector limited the losses.
U.S. Treasury debt prices edged higher Tuesday, pushing 30-year yields to two-week lows as a pullback in the recent stock market rally gave safe-haven bonds a slight boost.
U.S. government debt prices added to earlier gains Friday after a report showed a surprise drop in consumer sentiment fueled worries over the pace of an economic recovery.
A solid audience showed up to buy a record $25 billion in benchmark 10-year Treasury notes Tuesday, but the above-average results failed to impress traders who unloaded U.S. government debt after the auction.
U.S. government debt prices rose Monday after a record-sized Treasury note auction drew strong demand and investors bet other debt sales this week would get a similar reception.
Sunday, 8 Nov 2009 | Posted By:
Charlie Gasparino | Source: CNBC.com
Civil War is breaking out on the board of directors of Bank of America over the selection of a successor to CEO Ken Lewis, people close to the company say.
Most U.S. Treasurys prices rose Friday after the government said the U.S. unemployment rate jumped in October, but the prospect of new supply next week limited gains.
Big gains in U.S. workers' productivity in the third quarter supported short-dated U.S. government securities prices Thursday, while upcoming supply weighed on long-dated debt.
Wednesday, 4 Nov 2009 | Posted By:
Charlie Gasparino | Source: CNBC.com
Tom Maheras, Citigroup's former president and the man at the heart of the firm's push into what eventually became tens of billions of dollars in toxic debt, is running a hedge fund that is up 84 percent so far this year thanks at least in part to some unusual investing.
Wednesday, 4 Nov 2009 | Posted By:
Charlie Gasparino | Source: CNBC.com
A trader blamed with crippling Citigroup is making a comeback by starting a hedge fund that has already attracted decent interest, people familiar with the situation told CNBC.
U.S. government securities prices slipped as traders prepared themselves for next week's Treasury refunding and for the Federal Reserve's statement on monetary policy later on Wednesday.