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Jul 22, 2014

Dollar rises as U.S. bond yields hold firm

NEW YORK, July 22 (Reuters) – The dollar rose on Tuesday as
U.S. bond yields stood firm on the view that the world’s biggest
economy is expanding enough for the Federal Reserve to raise
interest rates next year despite data showing a mild rise in
domestic prices in June.

The euro fell to an eight-month low against the greenback,
breaking below key support at $1.35, largely on expectations the
European Central Bank will provide more stimulus to aid the
fragile Eurozone economy. The euro also hit a 5-1/2 month low
versus the Japanese yen.

Jul 22, 2014

Dollar gains on higher U.S. yields, euro below $1.35

NEW YORK, July 22 (Reuters) – The dollar rose on Tuesday as
U.S. bond yields held firm on the view the world’s biggest
economy is expanding enough for the Federal Reserve to further
reduce stimulus despite data showing a mild pullback in some
domestic prices in June.

The euro fell to an eight-month low against the greenback,
breaking below key support at $1.35, largely on expectations the
European Central Bank will provide more stimulus in the coming
months, lowering regional interest rates. The euro also hit a
5-1/2 month low versus the Japanese yen

Jul 21, 2014

Dollar holds firm as stocks slip worldwide

NEW YORK, July 21 (Reuters) – The U.S. dollar held steady
against major currencies on Monday as investors reduced holdings
of stocks and other risky assets on anxiety about escalating
violence in Gaza and Ukraine.

Demand for traditional safe-haven yen and Swiss francs
persisted but was not strong enough to push them out of recent
trading ranges against the dollar, as traders have been
assessing whether the fighting in these regions would affect the
global economy, analysts said.

Jul 21, 2014

Dollar holds steady as world stock markets fall

NEW YORK, July 21 (Reuters) – The U.S. dollar held steady
against major currencies on Monday as investors reduced holdings
of stocks and other risky assets on anxiety about escalating
violence in Gaza and Ukraine.

Demand for traditional safe-haven yen and Swiss francs
persisted but it was not strong enough to push their values out
of their recent trading ranges against the dollar, as traders
have been assessing whether the fighting in these regions would
affect the global economy, analysts said.

Jul 9, 2014

U.S. bond prices rise as Fed hints no hurry to hike rates

NEW YORK, July 9 (Reuters) – U.S. Treasuries prices rose on
Wednesday as the Federal Reserve acknowledged the recent
strengthening in the U.S. economy in the minutes of its June
meeting but suggested it was unlikely to raise policy rates
until the second half of 2015.

The bond market eked out a third day of price gains in
choppy trading even after a poor $21 billion 10-year note
auction. This week’s $61 billion in fixed-rate note supply will
conclude with a $13 billion auction of 30-year bonds.

Jul 9, 2014

U.S. bond yields edge up before supply, FOMC minutes

NEW YORK, July 9 (Reuters) – U.S. Treasuries yields rose
modestly on Wednesday as traders prepared to make room for $21
billion in 10-year note supply and awaited possible clues on the
timing on a rate increase from the Federal Reserve’s minutes of
its June meeting.

The bond market pulled back after rallying on Tuesday due to
stock market losses on worries about corporate earnings,
overseas trade data as well as the intensified fighting between
militants in Gaza and the Israeli military.

Jul 8, 2014

U.S. bond prices rally on weak stocks, data

NEW YORK, July 8 (Reuters) – U.S. Treasuries prices rallied
on Tuesday as investors raised stakes in bonds because of stock
market losses ahead of corporate earnings, and overseas trade
data that fueled worries about global economic growth.

U.S. government debt yields fell for a second day on the
notion that last week’s report showing hefty job gains in June
was not strong enough to spur the Federal Reserve to raise
short-term interest rates before the second half of 2015,
analysts and traders said.

Jul 8, 2014

U.S. bond yields fall ahead of 3-year supply

NEW YORK, July 8 (Reuters) – U.S. Treasuries yields fell on
Tuesday in advance of a $27 billion auction of three-year notes
as investors raised their bond holdings due to weaker stock
prices and German trade data.

U.S. government debt yields declined for a second day on the
notion last week’s report showing hefty job gains in June was
not strong enough to spur the Federal Reserve to raise
short-term interest rates before the second half of 2015,
analysts and traders said.

Jul 8, 2014

World Chefs: Schrager tracks best U.S. fried chicken recipes

NEW YORK, July 8 (Reuters) – Lee Brian Schrager’s passion
for fried chicken led him to travel around the United States and
convince celebrity and local chefs to share their recipes in his
new cookbook “Fried & True.”

In the book co-written with Adeena Sussman, Schrager shares
more than 50 recipes for fried chicken from his contributors
including double fried chicken and another with Asian-inspired
ingredients.

Jul 7, 2014

U.S. bond yields fall on doubts over jobs strength

NEW YORK, July 7 (Reuters) – Longer-dated U.S. Treasuries
yields slipped on Monday on buying supported by the view the
recent acceleration in job gains is not enough to spur the
Federal Reserve to raise short-term interest rates earlier than
expected.

While Thursday’s government payrolls report showed a robust
288,000 increase in hiring in June and the jobless rate fell to
a six-year low at 6.1 percent, some traders concluded the labor
market still has plenty of slack with the historically low
worker participation rate and a slow rate of wage growth that
will hold back any pickup in consumer spending.

    • About Richard

      "I am currently part of the U.S. Treasuries group based in New York, which covers the government debt market as well as interest rate derivatives. Previously, I was a specialist in housing and structured finance. Prior to joining the fixed income team, I had written extensively about the U.S. energy industry with focus on market and regulatory issues."
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