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  • *Treasury to sell $26 bln in 2- yr notes. NEW YORK, Nov 4- Short-term U.S. The ADP data was "an indication that the payrolls could come close to the estimate, which would keep the Fed on track to raise rates in December," said Lou Brien, market strategist at DRW Trading in Chicago.

  • MILAN, Nov 4- French tycoon Xavier Niel said on Wednesday he was acting independently in his investment in Telecom Italia and held options equivalent to a 15.14 percent stake in the Italian phone group as of Nov. 3 but no voting rights. In a statement issued on Wednesday at the behest of Italian market watchdog Consob, Niel provided details on the derivative...

  • SYDNEY, Nov 4- The dollar held on to modest gains on Wednesday having firmed against the euro and yen on rising Treasury yields, but it was the contrasting fortunes of the Antipodean currencies that stole the show. A further decline in dairy prices and soft jobs data all but sealed the kiwi's fate as the worst major performer, while a slightly more upbeat outlook on...

  • SYDNEY, Nov 4- The dollar held on to modest gains on Wednesday having firmed against the euro and yen as on rising Treasury yields, but it was the contrasting fortunes of the Antipodean currencies that stole the show. A further decline in dairy prices and soft jobs data all but sealed the kiwi's fate as the worst major performer, while a slightly more upbeat outlook...

  • *Illinois' last bond sale was in May 2014. ALGONQUIN, Ill., Nov 3- District 300, Illinois' sixth-largest public school system, has been waiting a decade for state dollars to complete a construction and improvement project that began with voter approval of $185 million of bonds in 2006.. District 300 had been counting on $30 million to $40 million in state construction...

  • FOREX-U.S. bond yields, factory data boost dollar Tuesday, 3 Nov 2015 | 3:58 PM ET

    NEW YORK, Nov 3- The dollar edged higher on Tuesday, spurred by rising U.S. bond yields and generally in-line U.S. economic data that fed investor expectations for a Federal Reserve interest rate hike before year end. The greenback rose 0.6 percent to trade at $1.0945 against the euro and was up 0.3 percent against the yen to 121.16 yen per dollar.

  • NEW YORK, Nov 3- U.S. benchmark and short-dated Treasury yields hit over six-week highs on Tuesday on continued expectations of a December Federal Reserve interest rate hike, while surging corporate issuance contributed to long-dated yields touching six-week highs. Analysts said expectations for a December rate hike have risen since the U.S. central bank...

  • NEW YORK, Nov 3- Bill Gross, the closely watched bond investor, on Tuesday warned that the flatness of the Treasury yield curve could have harmful effects on lending across all credit markets, stunting growth in U.S. corporate profits. Gross, who oversees the $1.4 billion Janus Global Unconstrained Bond Fund, said in his latest Investment Outlook that the Federal...

  • NEW YORK, Nov 3- U.S. "It's just people taking chips off the table in terms of preparing for a rate hike in December," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York. Yields on benchmark 10- year Treasury notes hit 2.2070 percent, their highest level since Sept. 21, while yields on Treasury notes maturing between 2-7 years hit their...

  • NEW YORK, Nov 3- Bank of America Corp, the No. 2 U.S. bank, has agreed to sell its $87 billion money-market fund business to BlackRock Inc in one of the cash-management industry's largest deals ever. "Combining our business together with the Bank of America assets and distribution puts us in a unique competitive position," said Tom Callahan, co-head of global cash...

  • NEW YORK, Nov 3- Bill Gross, the closely watched bond investor, on Tuesday warned that the flatness of the Treasury yield curve could have harmful effects on lending across all credit markets, resulting in stunted profit growth in the United States. In his latest Investment Outlook, Gross, who oversees the $1.4 billion Janus Global Unconstrained Bond Fund, said the...

  • NEW YORK, Nov 2- Bill Gross just got a huge vote of "no confidence" from billionaire investor George Soros. Soros Fund Management LLC, which Soros chairs, pulled its roughly $500 million from an account run by Gross at Denver- based Janus Capital Group Inc, a source familiar with the matter said on Monday. The $500 million had been managed through a private investment...

  • NEW YORK, Nov 2- Bill Gross just got a huge vote of "no confidence" from billionaire investor George Soros. Soros Fund Management LLC, which Soros chairs, pulled its roughly $500 million from an account run by Gross at Denver- based Janus Capital Group Inc, a source familiar with the matter said on Monday. The $500 million had been managed through a private investment...

  • NEW YORK, Nov 2- Benchmark 10- year Treasury yields hit their highest in over five weeks on Monday, while shorter-dated yields reached the highest in over six weeks on continued expectations of a possible Federal Reserve rate hike in December. "It's just still continued follow-through from the Oct. 28 Fed statement," said Justin Hoogendoorn, head of fixed income...

  • HONG KONG, Nov 2- Europe's biggest lender HSBC is setting up a majority-owned securities joint venture in China, taking advantage of Chinese rules that favor Hong Kong- established banks over foreign peers in the world's second biggest economy. HSBC's aim is to establish a foothold in issuing bonds in China, which the bank sees as an area of strong future growth.

  • Nov 2- U.S. stock index futures were marginally higher on Monday as investors digested reports on factory activity from China and Germany, ahead of U.S. manufacturing data and earnings reports. *Asian stocks declined after China's official factory data on Sunday showed activity unexpectedly shrank for a third straight month in October, though the contraction...

  • China cracks the whip to tame market rigging Monday, 2 Nov 2015 | 6:00 AM ET
    China cracks the whip to tame market rigging

    China is stepping up efforts to find market sell off perpetrators, arresting the country's top investor over the weekend.

  • JGBs edge down ahead of Japan holiday Monday, 2 Nov 2015 | 2:21 AM ET

    TOKYO, Nov 2- Japanese government bonds edged down on Monday, though a stock market rout kept bond-selling pressure in check. Trading activity was thin, according to market participants, as some investors adjusted portfolios ahead of Tuesday's national holiday in Japan. The Nikkei stock index tumbled 2.1 percent, as weak Chinese manufacturing surveys...

  • MELBOURNE, Nov 2- London copper dipped to a one-month low on Monday after China's factory growth contracted in October, raising concerns that successive easing measures in the world's top metals user are failing to jump start the real economy. *Three-month copper on the London Metal Exchange traded down 0.3 percent at $5,095 a tonne by 0119 GMT, having earlier...

  • NEW YORK, Oct 30- The U.S. judge overseeing litigation stemming from Argentina's $100 billion default in 2002 ordered the country to pay holders of several billion dollars of its defaulted bonds whenever it pays holders of bonds issued in two debt restructurings. District Judge Thomas Griesa in Manhattan ruled on Friday in favor of plaintiffs in 49 lawsuits...