NEW YORK, July 22- Overseas investors purchased $2.734 billion of U.S. 10- year Treasury notes at an auction in early July, which was the lowest amount since October 2014, according to the U.S. Treasury Department's auction allotment data released on Friday. Large investment managers bought $9.318 billion at the 10- year auction held on July 12, which was their... » Read More
Topic like tapering and the next Fed chairman are front and center at the economic symposium in Jackson Hole, reports CNBC's Steve Liesman. And Barry Knapp, Barclays, explains why he thinks a Fed taper won't cause a major market disruption.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell. Today Cramer explains why he thinks the apparel sector is a disaster.
Beth Ann Bovino, Standard & Poor's, discusses how the Fed's decision on interest rates is impacting home buyers. And a look a fixing Fannie Mae and Freddie Mac.
CNBC's Steve Liesman provides a look at the future of Federal Reserve policy, from the economic symposium in Jackson Hole, Wyoming. And Larry Meyer, Macroeconomic Advisers; Guy LeBas, Janney Montgomery Scott, and Robert Hormat, former State Department undersecretary, weigh in on the Fed's split over "taper" dates and provide insight on why the bond market is getting crushed.
Alec Young, S&P Capital IQ, and Maury Harris, UBS Investment Research, discuss market reaction to yesterday's Fed minutes, and provide perspective on what's at stake for bondholders and the economy.
Peter Schaffrik, head of European rates strategy at RBC, expects the 10-year U.S. Treasury to test the 3% level within the next two weeks.
Greg Ip,The Economist, and Dean Maki, Barclays, provide perspective on the FOMC minutes due out later today, and weigh in on Ben Bernanke's likely successor.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell. Today Cramer is looking at earnings, Goldman's trading glitch, and Eric Holder's financial crisis announcement.
Walter Molano, BCP Securities, explains how the Fed's tapering plan is weighing on emerging markets.
David Kelly, JPMorgan Funds, provides perspective on the Fed's easy money policy and explains why it's important to get back to a "balanced approach."
James Politi, Financial Times, and David Kelly, JPMorgan Funds provide perspective on the pullback in stocks and rising interest rates, amid increasing speculation that tapering is just around the corner.
Ultimately, the Fed is going to taper, says John Lonski, Moody's, with Keith Springer, Springer Financial Advisors, discussing when the Fed will likely begin its tapering program and its impact on jittery markets.
Chris Godding, head of global equities at Signal Wealth Management, discusses the upcoming FOMC minutes and says the U.S. macro data is "very supportive" of a move towards tapering.
Rising U.S. Treasury bond yields would be favorable for risk assets, Joe Terranova of Virtus Investment Partners says.
Scott Black, Delphi Management president, explains why investors need to pay more attention to Congress and the debt ceiling fight to see where the markets are headed.
Hans Stoter, CIO of ING Investment Management, discusses the big moves in emerging markets' currencies and expects further weakness until Treasury yields stabilize.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell. Today, Cramer explains why he thinks shares of JC Penney are going higher.