The dollar is likely to trade higher in the week ahead, with Friday's worse-than-expected U.S. non-farm payrolls data for October seen as the driving force for currency markets at least until mid week.
For President Barack Obama, the report that showed that the unemployment rate hit 10.2 percent last month gives opponents a chance to score some easy points.
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.
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.
U.S. government securities prices slid Tuesday as traders prepared themselves for Wednesday's Treasury refunding announcement and a statement from the Federal Reserve on monetary policy.
U.S. Treasurys pared much of their early losses Monday after fears about bank profits offset stronger-than-expected data on manufacturing, construction and home sales.
U.S. Treasurys debt prices rose Friday after a batch of mixed signals fanned skepticism about the strength of an economic recovery, rekindling a safety bid for bonds.
A $31 billion auction of 7-year government debt fetched a yield of 3.14 percent, a bit higher than expectations on the "when issued" market of 3.11 percent, indicative that prices were lowered and yields raised.
Investors could be disappointed if they anticipate tons of money waiting to get back into the stock market, since "cash on the sidelines" is much less than estimated, Goldman Sachs analysts said.
For some investors "there still is a case of once bitten, twice shy,” says one money manager. If that describes you, here's some things to consider in weighing your fixed income and equities options.
U.S. Treasury debt prices rose Wednesday after news of a surprise drop in new home sales raised worries over the economic recovery and cooled speculation the Federal Reserve would move away from its easy monetary policy soon.
U.S. Treasury debt prices rose Tuesday on bargain-hunting in advance of an auction of two-year notes, part of this week's record $123 billion supply of government bonds.
U.S. Treasury bond prices fell sharply Monday as investors gasped at another record round of new debt auctions and fretted over the possible timing of a Federal Reserve policy reversal.
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
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