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Oct 24, 2014

U.S. bond prices rise on NYC Ebola, euro bank test fears

NEW YORK, Oct 24 (Reuters) – U.S. Treasuries prices rose on
Friday on fears that any spread of the Ebola virus in the United
States could hurt the economy, stoking safe-haven demand for
low-risk government debt.

Nervousness over results of the European Central Bank’s
stress tests on regional banks also stoked a pre-weekend move
into Treasuries, pushing benchmark yields down from near
two-week highs set on Thursday. While 130 of the biggest
European banks received the results on Thursday, they will not
be publicly disclosed until 1100 GMT on Sunday.

Oct 23, 2014

Bond yields rise on stock gains, U.S. and overseas data

NEW YORK, Oct 23 (Reuters) – U.S. Treasuries yields rose on
Thursday to their highest levels in nearly two weeks as stronger
overseas data on business activity reduced jitters about a
year-end slowdown in the global economy, sparking a rally in
stocks and paring safehaven demand for bonds.

Benchmark yields were on track to rise for a third straight
session to above 2.50 percent, supported by data showing U.S.
continued jobless claims fell to 2.35 million in the week ended
Oct. 11, which was the lowest since December 2000.

Oct 23, 2014

U.S. bond yields rise as data soothes jitters

NEW YORK, Oct 22 (Reuters) – U.S. Treasuries yields rose on
Thursday to their highest levels in over a week as domestic and
overseas data reduced jitters about a year-end slowdown in the
global economy, paring safe-haven demand for low-risk government
debt.

Benchmark yields were on track to rise for a third straight
session above 2.50 percent as the U.S. Labor Department said
continued jobless claims fell to 2.35 million in the week ended
Oct. 11, which was the lowest since December 2000. The ongoing
decline in Americans receiving unemployment benefits signaled
some of them might have returned to work and that the labor
market is firming.

Oct 22, 2014

U.S. bond prices fall as consumer prices show pulse

NEW YORK, Oct 22 (Reuters) – U.S. Treasuries prices fell for
second day on Wednesday as data showed a mild rebound in
domestic consumer prices in September, reducing some bets the
Federal Reserve might delay possible plans to raise policy rates
in 2015.

Worries about disinflation at home and deflation in Europe
have stoked expectations that U.S. policymakers will stick with
a near-zero interest rate policy for a longer period of time in
an effort to support a subpar economic recovery.

Oct 22, 2014

U.S. bond prices fall as consumer prices edge up

NEW YORK, Oct 22 (Reuters) – U.S. Treasuries prices fell on
Wednesday as data showed a mild rebound in domestic consumer
prices in September, reducing some bets the Federal Reserve
might postpone possible plans to raise policy rates in 2015.

Worries about disinflation at home and deflation in Europe
have stoked expectations that U.S. policymakers will stick with
a near-zero interest rate policy for a longer period of time in
an effort to support a subpar economic recovery.

Oct 21, 2014

Michelin awards four San Francisco restaurants with three stars

By Richard Leong

(Reuters) – The San Francisco Bay Area’s reputation for great food got a boost as Michelin awarded four of its restaurants with its highest rating in its 2015 eating guide, to be released on Wednesday.

Benu and Saison, whose acclaimed menus have Asian accents, joined the French Laundry and the Restaurant at Meadowood in the top three-star category for “exceptional cuisine.”

Oct 21, 2014

U.S. bond prices fall on Chinese data, report on ECB

NEW YORK, Oct 21 (Reuters) – U.S. Treasuries prices fell on
Tuesday as less worrisome data on China and a report on the
European Central Bank possibly moving to buy regional corporate
bonds allayed some concerns about the global economy and reduced
safe-haven bids for low-risk government debt.

A rebound in European stock prices on the Reuters report
about the ECB following Monday’s drop and a higher open on Wall
Street on upbeat earnings from iPhone maker Apple also
put selling pressure on the Treasuries market.

Oct 20, 2014

U.S. bond prices rise on view on Fed, Europe worries

NEW YORK, Oct 20 (Reuters) – U.S. Treasuries prices rose on
Monday on worries about Europe’s drag on the U.S. economy and
more bets the Federal Reserve might not raise interest rates
until late 2015.

Safe-haven demand stemming from anxiety over the spreading
of the Ebola virus and fighting in the Middle East have
persisted to keep benchmark yields not far above 2 percent.

Oct 20, 2014

Prices rise on European stock losses, U.S. earnings

NEW YORK, Oct 20 (Reuters) – U.S. Treasuries prices rose on
Monday as weakness in U.S. and European equities markets and
bets the Federal Reserve would delay possible plans to raise
interest rates in 2015 stoked bids for low-risk government debt.

Safe-haven demand stemming from anxiety over the spreading
of the Ebola virus and Islamic State-led fighting in the Middle
East has persisted to keep benchmark yields not far above 2
percent.

Oct 17, 2014

Speculative Eurodollar net shorts fall to lowest since February

By Richard Leong

(Reuters) – Speculators’ net bearish bets on Eurodollar futures earlier this week fell to their lowest since February before Wednesday’s roller-coaster session’s stampede to exit those bets, according to Commodity Futures Trading Commission data released on Friday.

Net speculative net shorts in Eurodollar futures, arguably the most widely used futures contract, fell to 915,783 contracts on Tuesday, 380,743 contracts less than 1.297 million a week earlier.

    • 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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