Ellen's Feed
Jan 23, 2014

Book Talk: Anjelica Huston on an Irish childhood and famous father

NEW YORK (Reuters) – Some fathers are in the delivery room when their children are born and some pace outside, but actress Anjelica Huston’s dad learned of his daughter’s birth by telegram in the Belgian Congo where he was filming “The African Queen.”

That circumstance foreshadows an extraordinary childhood with an often absent father that Huston, who won the best supporting actress Academy Award in 1986 for “Prizzi’s Honor” – a film directed by her father, shares in her memoir, “A Story Lately Told: Coming of Age in Ireland, London, and New York.”

Dec 20, 2013

Yields at high end of range draw buyers

NEW YORK, Dec 20 (Reuters) – Longer-dated Treasuries rose in
price on Friday as yields near the upper end of their recent
range drew buyers and the market adjusted to the idea that the
Federal Reserve would begin to trim its bond purchases at the
start of the new year.

The week’s Treasury auctions also concluded on Thursday,
alleviating some downward pressure on prices.

Dec 20, 2013

Long end of the curve outperforms after taper news

NEW YORK, Dec 20 (Reuters) – Longer-dated Treasuries rose in
price on Friday as yields near the upper end of their recent
range drew buyers and as the market adjusted to the idea that
the Federal Reserve would begin to trim its bond purchases at
the start of the new year.

The final debt auctions of the week occurred on Thursday,
relieving some of the downward pressure on prices.

Dec 19, 2013

Bond prices fall a day after Fed announces $10 billion taper

NEW YORK, Dec 19 (Reuters) – U.S. Treasuries prices fell on
Thursday a day after the Federal Reserve said it would trim its
monthly bond-buying program by $10 billion and signaled it might
keep its key interest rate extremely low even longer than
previously promised.

The market reacted negatively on Wednesday after Chairman
Ben Bernanke said the U.S. central bank may continue to reduce
purchases steadily, suggesting that quantitative easing could
end by around the end of 2014.

Dec 19, 2013

Book Talk: From blog to bestseller – ‘Humans of New York’

NEW YORK, Dec 19 (Reuters) – “Humans of New York,” a
photography book that began as a blog by a former bond trader
has captured the heart and soul of New York with pictures and
commentary.

Georgia-born Brandon Stanton worked in Chicago before he was
seduced by the camera and moved to New York City. In 2010, he
created the Humans of New York blog, taking a photographic
census of New York City.

Dec 18, 2013

Bonds drop further after weak auction as Fed awaited

NEW YORK, Dec 18 (Reuters) – U.S. Treasuries prices extended
losses on Wednesday after a lightly bid five-year Treasury note
auction and amid caution just hours before the Federal Reserve
releases its policy statement at the close of its two-day
meeting.

The value of bids received for the five-year auction
exceeded those accepted by a subdued 2.42 ratio.

Dec 18, 2013

Bonds slip before Fed, strong housing starts weigh

NEW YORK, Dec 18 (Reuters) – U.S. Treasuries prices slipped
on Wednesday after the government reported a
better-than-expected jump in U.S. housing starts in November and
on caution before the Federal Reserve’s statement concluding its
two-day policy meeting.

U.S. equities opened higher, in sync with gains in European
shares that were aided by solid German sentiment data. Gains in
riskier assets like stocks tend to diminish demand for
safe-haven U.S. debt.

Dec 17, 2013

Prices rise before 2-yr note auction, Fed awaited

NEW YORK, Dec 17 (Reuters) – U.S. Treasuries prices rose on
Tuesday ahead of a two-year Treasury note sale and investors
waited for Wednesday’s Federal Reserve policy statement.

Traders remained focused on what the Fed will say
on Wednesday about its stimulus program when it concludes a
two-day policy meeting.

Dec 17, 2013

Mostly higher after tame consumer prices, Fed awaited

NEW YORK, Dec 17 (Reuters) – U.S. Treasuries prices mostly
firmed on Tuesday after the government said inflation was tame
in November and investors waited for Wednesday’s Federal Reserve
policy statement.

U.S. consumer prices were flat in November, the Labor
Department said. The index excluding its more volatile food and
energy items rose 0.2 percent.

Dec 16, 2013

Bonds gain modestly after mixed U.S. economic data

NEW YORK, Dec 16 (Reuters) – U.S. Treasuries prices rose on
Monday after mixed data on manufacturing and as markets waited
for a policy statement from the Federal Reserve later this week.

The New York Federal Reserve said on Monday its “Empire
State” manufacturing activity index rose in December to 0.98
from -2.21 in November. Economists polled by Reuters had
forecast a stronger reading of 4.8.

    • About Ellen

      "I cover the U.S. Treasury market, including developments in monetary policy and the economy. I have covered these subjects since the Volcker era, though in between I covered stocks for UPI (and Reuters), the defense and aerospace industry and the retail industry. I occasionally write about culture: classical music, opera, museums, and culture-based travel. I live and work in New York City."
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