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Investing Securities

  • At least six other states are considering similar laws, to ease the burden of student debt that has doubled since 2008 to over $1.3 trillion, according to the Federal Reserve Bank of New York. "There are many schools that are going to be losers in this game," said R.J. Gallo, a portfolio manager at Federated Investors in New York. Gallo, who owns debt issued by well-known...

  • *Sterling dips marginally after Manchester attack. LONDON, May 23- The dollar dipped against the basket of currencies that measures its broader strength on Tuesday, low 10- year U.S. "The 10- year Treasury yield is down 2 basis points and that is feeding through to the dollar underperforming," said Sam Lynton-Brown, a currency strategist with BNP Paribas in London.

  • TOKYO, May 23- Superlong Japanese government bonds firmed on Tuesday after decent results at a liquidity-boosting auction, while the benchmark JGB was steady. The 10- year cash JGB yield was flat at 0.045 percent, while 10- year JGB futures edged up 0.04 point to finish at 150.59. The 40- year JGB yield fell 1.5 basis points to 1.015 percent, ahead of Thursday's sale...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • *Euro zone not ready to disburse new loans to Greece. BRUSSELS, May 22- Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monday and did not release new loans to Athens, but came close enough in talks to aim for both deals at their next meeting in three weeks. Greece needs new cash from the euro zone to avoid a...

  • WASHINGTON— Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels since the 2008 financial crisis. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 0.920 percent, up from 0.905 percent last week. For a $10,000 bill, the three-month price was $9,976.74, while a six-month bill sold...

  • NEW YORK, May 22- U.S. The U.S. Treasury Department planned to sell a combined sum of $88 billion in two-year, five-year and seven-year debt ahead of the Memorial Day holiday weekend. Corporations were also tapping investors for cash with bankers expecting $35 billion in investment-grade deals this week, according to IFR, a Thomson Reuters unit.

  • NEW YORK, May 22- U.S. The U.S. Treasury Department planned to sell a combined sum of $88 billion in two-year, five-year and seven-year debt ahead of the Memorial Day holiday weekend. Corporations were also tapping investors for cash with bankers expecting $35 billion in investment-grade deals this week, according to IFR, a Thomson Reuters unit.

  • NEW YORK, May 22- The S&P 500 Telecommunications Services Sector index as-we-know it may have to hang up on investors, as its creators are considering a restructuring of the once-hot index which has shrunk to just four companies from 14.. After years of consolidation and diversification, today's telecommunications sector would be unrecognizable to...

  • NEW YORK, May 22- Puerto Rico's federal oversight board has sought bankruptcy protection for the island's highway authority and largest public pension, making them the latest commonwealth entities to turn to a court to work out debt. Puerto Rico's central government, as well as its COFINA sales tax authority, are already in Title III bankruptcy, and a lawyer for...

  • *Euro zone may agree to new loans for Greece after reforms passed. BRUSSELS, May 22- Euro zone finance ministers may agree on Monday to release new loans to Greece but are likely to struggle to convince the International Monetary Fund to join the bailout by keeping the prospect of debt relief for Athens highly conditional. Greece needs new cash from the euro zone to...

  • NEW YORK, May 22- U.S. The U.S. Treasury Department planned to sell a combined sum of $88 billion in two-year, five-year and seven-year debt ahead of the Memorial Day holiday weekend. They announced seven investment-grade deals and seven junk bond offerings on Monday, according to IFR, a Thomson Reuters unit.

  • The odds of winning a lottery are infinitesimal. Inspired by the idea of a huge payoff, millions of people burn money on lottery tickets. A study published by the National Bureau of Economic Research found that 86 percent of workers who had outstanding 401 loans defaulted when they left their employer.

  • NEW YORK, May 22- U.S. Treasury yields were little changed on Monday as a higher Wall Street open offset safe-haven bids tied to concerns about a delay in fiscal stimulus stemming from probes into U.S. President Donald Trump's 2016 campaign's possible ties with Russia.

  • TREASURY YIELDS LITTLE CHANGED AS WALL STREET STOCKS OPEN HIGHER, 10- YEAR YIELD AT 2.248 PCT.

  • May 22- U.S. stock index futures were little changed on Monday as a rise in oil prices offset concerns regarding ongoing political turmoil in the United States. President Donald Trump's firing of a former FBI head and reports of his administration's links to Russia, including on a federal investigation into possible coordination between Russia and Trump's...

  • TOKYO, May 22- Fears that the Bank of Japan is scaling back its massive bond buying program rippled through corporate bond markets on Monday as traders rushed to dump their holdings at an auction, pushing yields to a 1-1/ 2 year high. Sellers offered 403 billion yen in Monday's corporate bond auction, more than four times the amount the BOJ's 100 billion yen purchase.

  • Japan's Nikkei stock index climbed 0.5 percent on Monday, while the benchmark 10- year U.S. Also undermining bond market sentiment, data released early in the session showed Japan's exports rose in April to mark their fifth straight month of gains, signaling that more robust overseas demand could underpin a steady economic recovery. Growing signs of life in...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...