A deep-seated anxiety about how soon the Federal Reserve will raise rates has caused the widest chasm between short- and long-dated Treasury yields in 20 years.
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.
Ambac Financial said on Wednesday that the statutory capital of its main unit was well above a regulatory minimum at the end of the third quarter, easing concerns that the company would fall short of funds and be at risk of being taken over by state officials.
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.
Governments and companies will soon find themselves battling over the small supply of private savings available, paving the way for another recession, Ron Napier, head of Napier Investment Advisors, told CNBC Monday.
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.
The dollar rose broadly Thursday as several policymakers around the world warned the economic recovery was fragile, prompting investors to take profits on gains in higher-yielding currencies and assets.
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.
Middle-aged investors looking to retire in about 20 years should position their portfolios to have a 25 to 30 percent stake in equities outside of the United States, Bill Gross, co-chief investment officer at PIMCO told CNBC Monday.
Bond investors need to think like lenders, because their money needs to be productive, said Bill Larkin, portfolio manager at Cabot Money Management.... Read More
Momentum could push oil toward $90 a barrel in the shortterm, but an increase in supply from Nigeria and Iraq will place downward pressure on the commodity come spring 2010, said Michael Lynch, president of Strategic Energy & Economic Research.... Read More
Although he predicts commercial vacancy rates won't peak until 2011, Joe Rodriguez, portfolio manager of the 5-star rated AIM Select Real Estate Fund, said commercial real estate still offers investment opportunities.... Read More
Currencies may play a role in the global economic recovery down the road, but in the short-term, the relationships among major currencies won't impede a rebound, said John Lipsky, first deputy managing editor of the International Monetary Fund.... Read More