U.S.-BASED STOCK MUTUAL FUNDS POST $20.2 BLN OUTFLOWS; STOCK ETFS ATTRACT $3.6 BLN OVER WEEKLY PERIOD- LIPPER.
U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS ATTRACT $1.7 BLN; 2 ND STRAIGHT WEEK OF INFLOWS- LIPPER.
U.S.-BASED HIGH-YIELD BOND FUNDS POST $48 MLN WITHDRAWALS OVER WEEKLY PERIOD; 3 RD STRAIGHT WEEKS OF OUTFLOWS- LIPPER.
U.S.-BASED GENERAL MONEY MARKET FUNDS TAKE IN $428 MLN DURING WEEKLY PERIOD; 1 ST INFLOWS SINCE JULY- LIPPER.
U.S.-BASED MONEY MARKET FUNDS ATTRACT $19.8 BLN OVER WEEKLY PERIOD; LARGEST INFLOWS SINCE AUGUST- LIPPER.
U.S.-BASED TAXABLE BOND FUNDS ATTRACT $776 MLN OVER WEEKLY PERIOD; 2 ND CONSECUTIVE WEEK OF INFLOWS- LIPPER.
Treasury debt yields climbed to roughly five-month peaks on Thursday, spurred by gains in German and British bonds as investors speculated that the Bank of England and the European Central Bank would both hold off on further easing measures. "A lot of the moves today in Treasuries are being led by the dramatic steepening of the bund and gilt curve," said Subadra...
NEW YORK, Oct 27- Strong growth data out of Britain prompted the worst daily selloff in government bond for months and pushed yields on the world's benchmark bonds higher on Thursday, as expectations eased for a Bank of England interest rate cut. Official data showed that Britain's economy slowed only slightly in the three months after it voted to exit the...
The German lender took down cash bonuses planned for this year, and may tie compensation to its share price.
*Futures up: Dow 25 pts, S&P 4.25 pts, Nasdaq 8.75 pts. Oct 27- U.S. stock index futures rose on Thursday as investors focused on the third-quarter corporate results season which is expected to mark an end to a year-long earnings recession. Both reports are due at 8:30 a.m. ET.
*Spain lags in broad debt market sell-off. LONDON, Oct 27- Spain's borrowing costs struck a three-month high on Thursday ahead of a vote on acting Prime Minister Mariano Rajoy's bid to form a minority government and end 10 months of political deadlock. The spike in bond yields came during a broad sell-off in global debt markets after growth data in Britain was seen...
LONDON, Oct 27- Spain's borrowing costs edged away from three-month highs on Thursday ahead of Spanish lawmakers' vote on acting Prime Minister Mariano Rajoy's bid to form a minority government to end 10 months of political deadlock. His conservative People's Party won two elections in December and June but failed to secure a majority and attempts to put...
*Sterling slips, awaits U.K. GDP data later in session. LONDON, Oct 27- The dollar traded close to a three-month high against the yen on Thursday, underpinned by higher U.S. bond yields and growing expectations that the U.S. The market is now pricing in a 74- percent chance that the Fed will raise rates at its December meeting, according to CME Group's FedWatch tool,...
TOKYO, Oct 27- Japanese government bond prices slipped on Thursday with the market tracking an overnight retreat by U.S. The bid-to-cover ratio, a gauge of demand, at the 2.3 trillion yen two-year sale rose to 4.41 from 3.78 at the previous auction last month. The JGB market took comments on Thursday by Bank of Japan Governor Haruhiko Kuroda in its stride.
Myles Bradshaw, head of global agg fixed income at Amundi, discusses whether or not investors should buy inflation-protected bonds and securities.
This proposed investing rule would be a “dangerous mistake” that could actually trigger a run on mutual funds—the exact disaster it was designed to prevent, warns Harvard professor Hal Scott.
Treasury Secretary Jack Lew talks to CNBC's Sara Eisen about corporate inversions and what can be done to make the tax system fairer.
Treasury Secretary Jack Lew talks to CNBC's Sara Eisen about the Wells Fargo scandal and the need for consumer protections to be in place.
The investigation continues between the US Department of Justice and Deutsche Bank.
BlackRock said it would cut prices across its U.S. iShares Core ETFs to help advisers transition to a new rule governing retirement products.