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Oct 16, 2013

U.S. bill rates ease as Senate leaders announce deal

NEW YORK, Oct 16 (Reuters) – Interest rates on U.S. Treasury
bills that mature in the next two weeks fell on Wednesday as
U.S. Senate leaders announced a deal to end a government
shutdown.

The bi-partisan bill must still be passed by the Senate and
the House of Representatives and signed by the president.

Oct 16, 2013

Bill rates fall on hopes for a debt ceiling deal

NEW YORK, Oct 16 (Reuters) – Interest rates on U.S. Treasury
bills that mature in the next two weeks fell on Wednesday as
lawmakers began a down-to-the-deadline effort to raise the debt
ceiling, lifting investors’ confidence that a deal could be
reached.

As the $16.7 trillion statutory borrowing limit loomed,
investors had hesitated to buy Treasury bills due in the latter
half of October in case of a default.

Oct 15, 2013

Bonds fall as market tunes into debt ceiling play-by-play

NEW YORK, Oct 15 (Reuters) – U.S. Treasuries prices slipped
and short-term bill rates rose on Tuesday as traders tried to
follow Washington’s every move to re-open the government and
raise the U.S. debt ceiling.

Trading was choppy, with rates on Treasury bills maturing
soon after October 17 the most sensitive to the back and forth
in Washington as elected officials tried to agree on raising the
U.S. debt ceiling and reversing the partial government shutdown,
the first in 17 years.

Oct 15, 2013

Short-term bill rates lowest in a week

NEW YORK, Oct 15 (Reuters) – Most U.S. Treasuries prices
were narrowly lower on Tuesday while short-term bill rates were
the lowest in a week as participants focused on efforts in
Washington to re-open the government and raise the U.S. debt
ceiling.

At the shortest part of the maturity curve, interest rates
on U.S. Treasury bills eased amid hints of a possible agreement
in Washington that would reopen the government after it was
partially shut for the first time in 17 years.

Oct 8, 2013

New York exhibit explores Chagall’s art during war years, exile

NEW YORK (Reuters) – An exhibit of paintings by the artist Marc Chagall explores a neglected period in Chagall’s career in Paris during the rise of fascism in the 1930s and while he was in exile in New York during the 1940s.

“Chagall: Love, War and Exile,” which runs through February 2 at the Jewish Museum, includes 31 paintings and 22 works on paper, and selected letters, poems and photographs.

Oct 3, 2013

U.S. bonds rise as Washington contest spurs safety bid

NEW YORK, Oct 3 (Reuters) – U.S. Treasuries prices rose and
yields eased on Thursday as an ongoing contest in Washington
that has shut much of the government and left the debt ceiling
problem unresolved inspired investors to buy U.S. debt, still
the most viable safe haven.

Given the gridlock over the budget and healthcare reform
that led to a partial government shutdown that began on Tuesday,
investors are increasingly worried the lawmakers will not agree
on a deal to increase the statutory $16.7 trillion borrowing
limit by the Oct. 17 deadline.

Oct 1, 2013

Bonds slip on gain in manufacturing as govt shuts down

NEW YORK, Oct 1 (Reuters) – U.S. Treasuries prices fell on
Tuesday as strong manufacturing indexes, stock market gains, and
a rally in peripheral European debt all dented demand for
Treasuries, still seen as a safe-haven despite a partial U.S.
government shutdown and impending debt ceiling battle.

U.S. manufacturing grew last month at its fastest pace in
nearly 2-1/2 years. Manufacturing grew in Italy and Spain, the
euro zone’s third and fourth-largest economies, as it did in
Germany, Europe’s largest economy. U.S. stocks rose despite
the U.S. government shutdown.

Sep 30, 2013

U.S. bonds edge up as government shutdown looms

NEW YORK, Sept 30 (Reuters) – U.S. Treasuries prices rose
modestly on Monday, leaving yields just above their lowest
levels in seven weeks, aided by safe-haven bids on worries
about a partial government shutdown.

The U.S. Congress, still in partisan deadlock on Monday over
Republican efforts to halt President Barack Obama’s healthcare
reforms, was on the verge of shutting down most of the U.S.
government starting on Tuesday morning.

Sep 27, 2013

Stock losses, possible government shutdown feed bid

NEW YORK, Sept 27 (Reuters) – U.S. Treasuries prices rose on
Thursday as stock market losses and concerns about the
implications of a U.S. government shutdown fed a bid for U.S.
debt.

U.S. stocks fell at the open, with the S&P 500 and Dow
poised to drop for the first week in four, as concerns grew over
a lack of compromise in debt and budget negotiations by
congressional lawmakers in Washington.

Sep 26, 2013

Prices slip before supply and on fewer jobless claims

NEW YORK, Sept 26 (Reuters) – U.S. Treasuries prices slipped
on Thursday as traders trimmed prices before the Treasury’s
seven-year note auction and as news of fewer new U.S. jobless
claims raised the possibility of stronger-than-forecast
September job growth.

The jobless claims report was “obviously constructive for
the labor market outlook as we head into next week’s non-farm
payrolls report,” said Ian Lyngen, Treasury strategist at CRT
Capital Group in Stamford, Connecticut.

    • 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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