Bond prices flat as possible Fed tapering spurs worry
NEW YORK, May 23 (Reuters) – U.S. Treasury debt prices were
little changed on Thursday, with benchmark yields holding above
2 percent, as traders worried about how high yields might rise
whenever the U.S. Federal Reserve decides to taper its bond
purchases.
The bond market was on another roller-coaster ride on heavy
volume, a day after remarks by Federal Reserve Chairman Ben
Bernanke about the U.S. central bank’s bond purchase program
prompted a massive sell-off in Treasuries.
U.S. bonds fall as Fed tapering jitters persist
NEW YORK, May 22 (Reuters) – Treasury debt prices fell on
Wednesday with benchmark yields briefly rising above 2 percent
as Federal Reserve Chairman Ben Bernanke kept alive market
worries that the U.S. central bank might slow its bond purchases
later this year if the economy improves further.
Bernanke initially delivered what bond bulls had hoped for
following dovish remarks from two top Fed officials on Tuesday,
telling federal lawmakers in prepared remarks the Fed’s current
policy has produced significant benefits and cautioning that a
premature pullback would hurt the economy. These remarks lifted
bond prices to session highs in early trading.
U.S. bond prices firm before Bernanke testimony
NEW YORK, May 22 (Reuters) – U.S. Treasuries prices were
little changed on Wednesday as investors awaited possible hints
from Federal Reserve Chairman Ben Bernanke on whether the U.S.
central bank might slow its purchases of bonds this year.
Speculation about the future of the Fed’s third round of
large-scale asset purchases, known as quantitative easing or
QE3, has intensified ever since a better-than-expected April
U.S. jobs report earlier this month.
U.S. bond prices flat as traders await Bernanke remarks
NEW YORK, May 21 (Reuters) – U.S. Treasuries prices were
little changed on Tuesday as most investors moved to the
sidelines a day ahead of testimony from Federal Reserve Chairman
Ben Bernanke, which is being keenly awaited for any clues on
whether the central bank might curb its bond purchases due to
signs of an improving labor market.
Benchmark yields edged up, flirting with 2 percent, which
was their highest level since mid-March, after Wall Street
stocks touched new highs and nicked the appeal of low-yielding
U.S. government debt.
U.S. bonds steady, pausing for clues on Fed bond buys
NEW YORK, May 21 (Reuters) – U.S. government debt prices
were little changed on Tuesday as investors moved to the
sidelines in anticipation of possible clues on whether the
Federal Reserve might consider curbing its bond purchases due to
hints of an improving labor market.
Investors awaited clues on the central bank’s bond purchase
program, dubbed QE3, from Fed Chairman Ben Bernanke who will
testify about the economy before a congressional panel on
Wednesday at 10 a.m. (1400 GMT).
Prices slip in choppy trading as investors await Fed
NEW YORK, May 20 (Reuters) – U.S. government debt prices
fell on Monday in choppy trading with benchmark yields hovering
near two-month highs, as traders waited for further clues on
whether U.S. growth will be strong enough for the Federal
Reserve to taper its bond purchases.
Speculation about whether the Fed will begin slowing its
bond purchases later this year has sent yields surging this
month as analysts become more comfortable with the view that the
economy is on a firmer footing and job growth is on a
sustainable path.
U.S. bond prices slip as stocks claw higher
NEW YORK, May 20 (Reuters) – U.S. government debt prices
slipped on Monday, with benchmark yields hovering near two-month
highs as Wall Street stocks’ rise into fresh record territory
reduced earlier safe-haven bids for bonds.
Speculation about whether the U.S. Federal Reserve will
begin slowing its bond purchases later this year also put
selling pressure on the debt market, as analysts have become
more comfortable with the view that the economy is on a firmer
footing and job growth is on a sustainable path.
U.S. bond prices rise on weaker stocks, dollar
NEW YORK, May 20 (Reuters) – U.S. government debt prices
rose on Monday, rebounding from last week’s selloff as Wall
Street stocks retreated from record highs and the dollar
weakened against the yen, offering few alternatives to bonds.
Speculation about whether the U.S. Federal Reserve will
begin slowing its bond purchases later this year capped the
rebound, however, as analysts have become more comfortable with
the view that the economy is on a firmer footing and job growth
is on a sustainable path.
Wall Street extends winning streak, euro slips
NEW YORK (Reuters) – U.S. stocks scaled record highs on Wednesday as weak data reinforced expectations that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
U.S. producer prices fell their most in three years and factory output fell more than forecast in April, raising bets the Federal Reserve will continue to support the U.S. economy, while an unexpectedly strong improvement in home builder confidence also helped stocks.
U.S. stocks extend record run, euro falls on data
NEW YORK (Reuters) – U.S. stocks climbed to record highs Wednesday as weak data reinforced an expectation that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
U.S. producer prices fell their most in three years in April, reinforcing expectations the U.S. Federal Reserve will continue to support the U.S. economy, while better-than-expected data on homebuilder sentiment also helped stocks.

