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Jan 23, 2013

Equities, yen climb, crude near 4-month high

NEW YORK (Reuters) – U.S. and European stocks moved higher on Wednesday, helped by strong earnings reports and signs American lawmakers were close to raising the federal debt limit.

Technology shares were a focus, with Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) earnings due late in the day, following strong results from IBM (IBM.N: Quote, Profile, Research, Stock Buzz) and Google (GOOG.O: Quote, Profile, Research, Stock Buzz) on Tuesday.

Jan 22, 2013

Yen climbs after BOJ pledges to buy assets

NEW YORK (Reuters) – The yen rose to a three-day high against the dollar on Tuesday after the Bank of Japan said its open-ended commitment to buy assets would kick in only next year, disappointing those who expected more aggressive monetary easing.

Global stock markets were mixed, with Japanese equities .N225 and world indices higher on the BOJ news but Europe slightly lower. U.S. markets were mostly higher.

Jan 18, 2013

U.S. bond prices up as euro zone short rates halt rise

NEW YORK, Jan 18 (Reuters) – U.S. government debt prices
rose on Friday as recent price cuts drew buyers and in step with
movements in European short-term money markets.

Short-term European swap rates have recently risen on
concern about potentially tighter monetary conditions if
European banks begin returning cash they borrowed about a year
ago through three-year loans from the European Central Bank.

Jan 18, 2013

U.S. bonds rise as recent price cuts draw buyers

NEW YORK, Jan 18 (Reuters) – U.S. government debt prices
rose on Friday as debate about raising the nation’s debt ceiling
prompting investors to buy securities cheapened by this week’s
stronger-than-forecast economic data.

A strong report on the housing sector and a drop in new
claims for unemployment insurance cut Treasuries prices on
Thursday and overnight, slightly better-than-expected data on
China’s growth lifted 10-year yields nearly to 1.90 percent,
making them more appealing to buyers.

Jan 17, 2013

U.S. bonds slip on housing jump, fewer jobless claims

NEW YORK, Jan 17 (Reuters) – U.S. Treasury debt prices fell
on Thursday, weakened by stronger economic data that favored
riskier assets over safe-haven debt.

After falling for four straight sessions to their lowest
levels in two weeks and hurt by concern that Congress might not
raise the $16.4 trillion federal borrowing limit, Treasury
yields rose, moving inversely to prices.

Jan 16, 2013

Bonds firm on Fed purchases, data, debt limit concern

NEW YORK, Jan 16 (Reuters) – U.S. Treasury debt prices edged
up on Wednesday on Federal Reserve purchases, subdued inflation
and concerns about a looming fight in Washington over the
federal debt ceiling.

Early stock market losses were also supportive initially,
but as major stock indexes reduced losses, Treasuries shaved
some gains.

Jan 16, 2013

Bonds up on continuing Fed purchases, debt limit worry

NEW YORK, Jan 16 (Reuters) – U.S. Treasury debt prices rose
on Wednesday, supported by the prospect of more purchases by the
Federal Reserve, by subdued inflation that keeps the door open
for monetary accommodation and by concerns about a looming fight
in Washington over the federal debt ceiling.

The Fed is scheduled to buy bonds on Wednesday, as it has
done each day so far this week, as part of its effort to foster
enough economic activity to allow the unemployment rate to fall.

Jan 15, 2013

U.S. bonds get safety bid before debt ceiling battle

NEW YORK, Jan 15 (Reuters) – U.S. Treasuries prices rose on
Tuesday, drawing a safety bid from weaker stock prices, from a
prospective battle in Washington over the government’s borrowing
limit, and from a steady stream of large debt purchases by the
Federal Reserve.

A refusal by Congress to raise the debt ceiling would raise
the risk that the United States would default on its debt by the
spring. Fed Chairman Ben Bernanke urged lawmakers on Monday to
lift the country’s borrowing limit to avoid a debt default that
would put the economy at risk.

Jan 4, 2013

US yields hover near 8-month high on Fed policy fears

NEW YORK, Jan 4 (Reuters) – Yields on benchmark U.S.
Treasuries hovered around eight-month highs on Friday on worries
the Federal Reserve could pare asset purchases by the end of the
year if the economy improves enough.

Benchmark 10-year notes edged slightly higher after a
Thursday selloff, when meeting minutes from the Federal Reserve
hinted at growing concerns within the bank about the risks of
the stimulus program.

Jan 4, 2013

US yields near 8-month high on Fed policy concerns

NEW YORK, Jan 4 (Reuters) – Yields on benchmark U.S.
Treasuries hovered at eight-month highs on Friday on worries the
Federal Reserve could pare asset purchases by the end of the
year if the economy improves enough.

Benchmark 10-year notes traded near flat after a Thursday
selloff, when meeting minutes from the Federal Reserve hinted at
growing concerns within the bank about the risks of the stimulus
program.

    • 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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