Short-seller target Harbin Electric goes private
NEW YORK, Oct 29 (Reuters) – A yearlong struggle by
U.S.-listed Chinese company Harbin Electric to take
itself private amid fraud allegations ended on Saturday when
shareholders voted to be bought out for $24 a share.
Nearly 91 percent of the electric motor maker’s
shareholders voted for the deal to merge with privately held
Tech Full Electric Co, a company statement said.
Selling continues in Treasuries as 10yr sale nears
NEW YORK, Oct 12 (Reuters) – Treasury prices fell on
Wednesday as global stocks rallied on hopes that Europe’s
financial crisis could soon be contained, while traders sold
off Treasuries in preparation for a $21 billion auction of
10-year notes.
The 30-year Treasury bond saw the heaviest selling, losing
nearly two points in price. Yields on 10-year notes hit highs
last seen Sept 1, while 30-year yields returned to highs last
seen Sept. 21.
Treasuries see selloff ahead of 10-year auction
NEW YORK, Oct 12 (Reuters) – Treasury prices fell on
Wednesday as global stocks rallied on hopes that Europe’s
financial crisis could soon be contained, while traders sold
off Treasuries in preparation for a $21 billion auction of
10-year notes.
The 30-year Treasury bond saw the heaviest selling, losing
two points in price in early trading. Yields on 10-year notes
were at their highest since Sept 1, while 30-year yields
returned to highs last seen Sept. 21.
Bonds slide as Europe fears abate
NEW YORK (Reuters) – Prices of U.S. Treasuries slid on Tuesday, pushing benchmark yields to their highest in more than a month, as fears about Europe’s debt crisis receded after most euro zone countries voted to expand the region’s bailout fund.
Thirty-year Treasury bonds fell more than two points in price and the 10-year note dropped a point.
As investors embrace more risk, bonds fall
NEW YORK, Oct 11 (Reuters) – U.S. Treasury prices fell on
Tuesday, erasing gains that brought benchmark yields to
historic lows last week, as investors’ acute anxiety over
Europe’s debt crisis subsided.
Prices for the 30-year Treasury bond fell more than two
points and the 10-year note fell a point in early trading.
Falling US debt prices seen as ‘correction’
NEW YORK, Oct 11 (Reuters) – The prices of U.S. Treasury
securities fell again on Tuesday, erasing gains that brought
benchmark yields to historic lows last week, as investors’ most
acute anxiety over Europe’s debt crisis subsided.
The ultralong 30-year Treasury bond fell more than a point
in price in early trading.
Better jobs report pushes 10-year yield above 2 percent
NEW YORK (Reuters) – The prices of Treasury securities fell on Friday, with the yields of 10-year notes and 30-year bonds breaking back above important boundaries, as better-than-expected job growth in September dampened the case for more Fed intervention.
Benchmark yields were on track for their biggest weekly rise in three months. Ten-year yields moved back above 2 percent, and 30-year yields returned to 3 percent from historic lows.
Better jobs report pushes 10-yr yield above 2 pct
NEW YORK, Oct 7 (Reuters) – The prices of U.S. Treasury
securities fell on Friday, with the yields of 10-year notes and
30-year bonds breaking back above important boundaries, as
better-than-expected job growth in September dampened the case
for more Fed intervention.
Benchmark yields were on track for their biggest weekly
rise in three months. Ten-year yields moved back above 2
percent, and 30-year yields returned to 3 percent from historic
lows.
Prices fall after better jobs report, volume low
NEW YORK, Oct 7 (Reuters) – The prices of U.S. Treasury
securities fell on Friday, despite ratings cuts on Italy and
Spain that sent stocks into the red, as Treasury traders
reacted to a better-than-expected reading on job growth for
September.
Benchmark yields were on track for their biggest weekly
rise in three months. But volume in afternoon trading was low,
as many traders closed out early ahead of a three-day weekend
for the bond market.
Fed’s primary dealer expansion seen aiding markets
NEW YORK, Oct 5 (Reuters) – Fed watchers and market
participants praised the Federal Reserve Bank of New York for
its good timing after the New York Fed on Tuesday designated
two Canadian banks as primary dealers.
Analysts said on Wednesday the New York Fed’s addition of
two new primary dealers to the list will help keep the Treasury
market and other short-term rates markets liquid, and is
especially crucial as French banks continue to grapple with the
euro zone debt crisis.

