NEW YORK, May 27- U.S. Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens. Treasury trading at Mitsubishi UFJ Securities USA Inc.. » Read More
Traders are hoping earnings will continue to emerge as a bright spot Tuesday, when a string of major blue chips report ahead of the market open and Apple reports after the closing bell.
Debt drama in the US and Europe continues next week just as earnings season gets into full swing. It's going to be a volatile week for the market.
The debate has lasted longer and has been more intractable than anyone has expected, says John Chambers, S&P managing director.
A U.S. default isn't a matter of "if" but "when," David Murrin, chief investment officer at Emergent Asset Management, told CNBC.
Google's strong earnings and rocketing stock price may temporarily distract investors, but tension around U.S. debt ceiling discussions and the results of European bank stress tests Friday could quickly snap markets back to bigger concerns.
“The ironic thing—and it’s not out of the realm of possibility—is that the financial panic from these events could actually rally Treasuries on what would be the ‘Mother of all’ fear trades,” says one strategist.
Don't be so sure that there won't be a market for unauthorized government bonds.
It is well known that America’s public pension funds are in serious trouble. A study by the Center for Retirement Research at Boston College recently estimated the funding gap at state and local pension funds is nearly $700 billion, or roughly 80 percent of current liabilities. Compare that to 1999, when state pension funding stood at 102 percent.
Federal Reserve chairman Ben Bernanke makes an opening statement on the current state of the economy and his forecast on inflation.
The Fed chairman is saying what the markets want to hear, if it's needed, the Fed will step in, with Drew Matus, UBS Investment Research; CNBC's Steve Liesman, Rick Santelli and Simon Hobbs.
Currency investors are currently debating the merits of a proposed plan to allow a tax holiday for big US multinationals that could see money pour back into America, potentially boosting the dollar.
Discussing the impact of U.S. debt on Treasury yields, with Jeff Kilburg, Treasury Curve, and the Fast Money traders weigh in on Alcoa, ahead of its earnings release.
Jay Powell, former Undersecretary of the Treasury, shares what a worst case scenario would be like in case the U.S. defaults on debt but says a bond default is unlikely.
There is no indication that a default in Treasurys will occur, says Cliff Corso, Cutwater Asset Management CEO/CIO.
Hopes of a speedy recovery for the US economy where dashed by Friday’s disappointing jobs number that showed only 18,000 jobs where created by the world’s largest economy in June.
"If the world economy gets better, I earn money on commodities. If the global economy gets worse then they will print more money and I will make money in commodities," Rogers said.
Jim Rogers, the noted commodity bull, is shorting the 30-year U.S. government bonds and may consider shorting the 5 and 10-year bonds as well, he told CNBC on Monday.
The markets seem to believe that the federal government will raise the debt ceiling before August 2. And the markets may be right.
The end of the second round of quantitative easing in the US has been likened to a department store's biggest customer leaving the store by Tony Crescenzi, a strategist at Pimco.
Mark Mahaney, Citigroup with a play on eBay, and the Fast Money traders weigh in on stocks, bonds, and the Treasury trade slap down.