Bond prices rise on U.S. fiscal muddle
NEW YORK, Dec 20 (Reuters) – U.S. Treasuries prices rose
modestly on Thursday as investors stuck to safe-haven government
bonds in case tax increases and spending cuts take effect next
year and curb economic growth.
As a year-end deadline looms, Republicans in the U.S House
of Representatives pushed ahead with their own “fiscal cliff”
plan to avoid steep tax hikes and spending cuts. But President
Barack Obama has vowed to veto the plan, which only raises taxes
on people making more than $1 million a year.
U.S. Treasuries up slightly amid fiscal muddle
NEW YORK, Dec 20 (Reuters) – U.S. Treasuries prices rose
slightly on Thursday, despite stronger than expected economic
data, as investors stuck to safe-haven government bonds in case
tax increases and spending cuts take effect next year and curb
economic growth.
As a year-end deadline looms, Republicans in the U.S House
of Representatives pushed ahead with their own “fiscal cliff”
plan to avoid steep tax hikes and spending cuts. But President
Barack Obama has vowed to veto the plan, which only raises taxes
on people making more than $1 million a year.
U.S. Treasuries gain as fiscal talks stall
NEW YORK, Dec 20 (Reuters) – U.S. Treasuries prices rose on
Thursday as investors stuck to safe-haven government bonds on
the view fiscal talks in the United States seem to be losing
momentum.
Benchmark 10-year Treasury notes rose 4/32,
their yields easing to 1.79 percent from 1.80 percent late on
Wednesday.
U.S. bond prices rise as higher yields act as lure
NEW YORK, Dec 19 (Reuters) – U.S. Treasuries rose on
Wednesday as investors looking to invest cash before year end
were drawn by yields that neared two-month highs.
No sign of progress in Washington to reach a budget deal to
avert $600 billion of tax increases and spending cuts before the
end of the year also encouraged the bid for safe-haven U.S.
government debt.
U.S. bonds rise, eyes on budget talks
NEW YORK, Dec 19 (Reuters) – U.S. Treasuries rose on
Wednesday after a larger-than-expected decline in housing starts
and no sign of further progress toward averting a $600 billion
crunch of U.S. tax increases and spending cuts before year-end.
“Bond prices are firmer. There was a larger than expected
drop in housing starts, weaker applications for mortgages, and
there’s no forward progress in the equity market,” said Ian
Lyngen, senior government bond strategist at CRT Capital in
Stamford, Connecticut.
U.S. yields rise on hints of progress in fiscal talks
NEW YORK, Dec 18 (Reuters) – U.S. Treasury yields on Tuesday
rose to their highest since October as U.S. President Barack
Obama and Republican lawmakers edged closer to a deal to avert a
fiscal crisis in early 2013.
Year-end supply and profit-taking also kept upward pressure
on yields, strategists said.
U.S. yields steady on fiscal talks
NEW YORK, Dec 18 (Reuters) – U.S. Treasury yields on Tuesday
steadied just below their highest levels since October as U.S.
lawmakers edged closer to a deal to avert a fiscal crisis in
early 2013.
According to a source familiar with the talks, President
Barack Obama made a counter-offer to Republicans that included a
major change in position on tax hikes for the wealthy and helped
narrow the differences between the two sides.
U.S. debt slips on signs of budget progress
NEW YORK, Dec 17 (Reuters) – U.S. Treasury prices fell on
Monday as U.S. politicians negotiated ways to avert tax hikes
and spending cuts that investors fear would hurt economic growth
next year.
Prices dipped to session lows when a White House official
said President Barack Obama and Republican House Speaker John
Boehner met at the White House on Monday to discuss the “fiscal
cliff.”
U.S. debt slips on signs of budget talks progress
NEW YORK, Dec 17 (Reuters) – U.S. Treasury prices slipped on
Monday as U.S. politicians took a small but significant step
towards averting the wave of tax hikes and spending cuts that
investors fear could hurt economic growth next year.
Republican House Speaker John Boehner proposed an increase
in taxes that, while still far short of what President Barack
Obama is seeking, represented the first real movement in “fiscal
cliff” negotiations ahead of a Dec. 31 deadline.
Ultra-short bond fund survives in land of zero rates
NEW YORK, Dec 11 (Reuters) – Stranded in the land of
near-zero interest-rate policy, it’s a wonder any ultra-short
bond fund can survive, let alone be among the seven to earn a
five-star Morningstar rating among 80 ultra-short bond funds.
But the Ridgeworth U.S. Government Securities Ultra-Short
Bond Fund fund has managed to thrive, passing its
10-year anniversary this year and beating the average fund
during that time despite rock-bottom rates.

