NEW YORK (Reuters) – Treasuries prices fell on Wednesday after weak demand for a debt sale dampened gains built on Federal Reserve Chairman Ben Bernanke’s assurances U.S. interest rates will remain low.

In a day of choppy trade, the lackluster reception for $35 billion in five-year notes overshadowed weaker than forecast durable goods orders that earlier lifted bond prices from session lows.

NEW YORK (Reuters) – Treasuries erased narrow gains and moved lower on Wednesday after the Treasury’s $35 billion sale of five-year notes drew tepid demand.

The benchmark 10-year Treasury note, up 1/32 before the sale, was down 3/32 in price afterward, its yield rising to 2.20 percent.

NEW YORK, March 27 (Reuters) – U.S. Treasuries prices rose
on Tuesday, assisted by Federal Reserve Chairman Ben Bernanke’s
signal early this week that the U.S. central bank would keep
monetary policy accommodative in order to quicken economic
growth and cut unemployment.

Bernanke’s view on sluggish U.S. growth being inadequate to
reduce U.S. unemployment held out the promise of further easing
by the U.S. central bank, which markets had begun to back away
from after reports showed signs of life in the labor market.

NEW YORK (Reuters) – The government debt prices turned mixed on Monday after Federal Reserve Chairman Ben Bernanke said the economy needed to grow more quickly to cut the unemployment rate further, keeping hope alive for further bond purchases in the future.

While he did not indicate that the Fed was eager to begin another round of bond purchases, Bernanke said a continuation of accommodative monetary policies was needed to support more rapid economic expansion that would reduce unemployment.

NEW YORK/LONDON, March 22 (Reuters) – The U.S. commercial
paper market contracted in the latest week, suggesting a
pullback in short-term business borrowing even as data offered
evidence of a strengthening economy, according to Federal
Reserve data released on Thursday.

In the week ended March 21, commercial paper outstanding fell
$5.6 billion to $931.2 billion on a seasonally adjusted basis,
the Fed said.

NEW YORK, March 22 (Reuters) – The U.S. commercial paper
market contracted in the latest week, suggesting a pullback in
short-term business borrowing even as the U.S. economy offered
evidence of growth, according to Federal Reserve data released
on T hur sday.

In the week ended March 21, commercial paper outstanding
fell $5.6 billion to $931.2 billion on a seasonally adjusted
basis, the Fed said.

NEW YORK, March 21 (Reuters) – After pricing out some of
the expectations for a third round of quantitative monetary
easing, some U.S. interest rates eased a bit on Wednesday, but
in the interbank lending market, three-month Libor eased after
having been flat for several days.

The benchmark three-month London Interbank Offered Rate
(LIBOR) fixed at 0.72357 percent on Wednesday, down
from 0.73214 percent on Tuesday.

NEW YORK, March 20 (Reuters) – A $40 billion Treasury sale
of four-week bills drew the most tepid bidding in just over a
month on Tuesday as better rates available in the repo market
damped demand for bills offering less attractive returns.

The value of bids offered over those accepted at this week’s
bill auction was 3.99, the lowest since Feb. 14.

NEW YORK (Reuters) – The apparent unwinding of some expectations for another imminent round of Federal Reserve quantitative monetary easing sent Treasury yields higher last week, yet this dynamic was less evident in the Eurodollar forward curve for interest rates.

Signs of improvement in the economy have made economists rethink how aggressive the Fed needs to be in monetary stimulus and led some to see chances the bank could raise interest rates sooner rather than later.

NEW YORK (Reuters) – Treasuries prices rose on Monday as last week’s retreat cut prices and raised yields enough to attract buyers.

The selling that ensued last week when the Federal Reserve issued a statement that did not promise any immediate further monetary accommodation showed signs of petering out on Friday when bonds ended the day only modestly lower.