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Apr 15, 2014

Foreign purchases of U.S. Treasuries highest since 2011

NEW YORK, April 15 (Reuters) – Foreign purchases of U.S.
Treasuries jumped in February to their highest level in nearly
2-1/2 years on safe-haven demand due to the global economy and
the tension between Russia and the West over Ukraine’s Crimea
region, U.S. Treasury data showed on Tuesday.

Overseas investors and central banks bought $92.4 billion in
Treasuries in February, the most they have bought since
September 2011. This compared with a revised $584 million they
sold in January.

Apr 15, 2014

Jose Garces to put on a show at new restaurant

NEW YORK (Reuters) – Jose Garces has been practicing his entertaining skills and refining the menu he will cook before guests at his latest fine-dining venture restaurant Volver, set to open on Wednesday in Philadelphia.

Performing and cooking before a live audience has become second nature for Garces after he won the title of “Iron Chef,” the popular U.S. television cooking competition in 2009.

Apr 15, 2014

World Chefs-Jose Garces to put on a show at new restaurant

NEW YORK, April 15 (Reuters) – Jose Garces has been
practicing his entertaining skills and refining the menu he will
cook before guests at his latest fine-dining venture restaurant
Volver, set to open on Wednesday in Philadelphia.

Performing and cooking before a live audience has become
second nature for Garces after he won the title of “Iron Chef,”
the popular U.S. television cooking competition in 2009.

Apr 14, 2014

Global stocks rebound on upbeat U.S. data; euro falls

NEW YORK (Reuters) – Global equities rose on Monday as robust U.S. retail sales data signaled economic growth, while the euro fell after the European Central Bank gave its strongest signal yet that it would ease policy to cool the single currency.

The encouraging retail sales from the world’s biggest economy, which had been bogged down by a harsh winter, overrode fears of a military conflict in Ukraine that had punished stock prices earlier.

Apr 14, 2014

Stocks rebound on upbeat U.S. data; euro falls

NEW YORK (Reuters) – Global equities rose on Monday as robust U.S. retail sales data signalled economic growth, while the euro fell after the European Central Bank gave its strongest signal yet that it would ease policy to cool the single currency.

The encouraging retail sales from the world’s biggest economy, which had been bogged down by a harsh winter, overrode fears of a military conflict in Ukraine that had punished stock prices earlier.

Apr 11, 2014

U.S. bond prices rise as stock market swoons

NEW YORK, April 11 (Reuters) – U.S. Treasuries prices rose
in choppy trading on Friday as nervous investors pulled out of
stock markets worldwide and piled into less risky government
debt, sending the U.S. 30-year bond yield to its lowest level
since July.

The sell-off in global equities persisted in the wake of
disappointing quarterly results from JPMorgan Chase & Co.
, the biggest U.S. bank. This exerted more downward
pressure, putting the Standard & Poor’s 500 index on
track for weekly drop of 2.5 percent, the steepest weekly loss
in 11 weeks.

Apr 11, 2014

U.S. bond prices gain as stock market drop spurs safety bid

NEW YORK, April 11 (Reuters) – U.S. Treasuries prices rose
on Friday as nervous investors pulled out of stock markets
worldwide and piled into less risky government debt, sending the
U.S. 30-year bond yield to its lowest level since July.

The sell-off in global equities persisted in the wake of
disappointing quarterly results from JPMorgan Chase & Co.
, the biggest U.S. bank. This exerted more pressure on
the Standard & Poor’s 500 index that suffered its biggest
one-day drop in two months a day earlier.

Apr 11, 2014

U.S. bond prices rise as stock losses spur safety bid

NEW YORK, April 11 (Reuters) – U.S. Treasuries prices rose
on Friday as nervous investors pulled out of stock markets
worldwide and piled into less risky government debt, sending the
U.S. 30-year bond yield to its lowest level since July.

The sell-off in global equities persisted in the wake of
disappointing quarterly results from JPMorgan Chase & Co.
, the biggest U.S. bank. This exerted more pressure on
the Standard & Poor’s 500 index that just suffered its
biggest one-day drop in two months.

Apr 10, 2014

U.S. bonds rally on stock rout, Fed view

NEW YORK, April 10 (Reuters) – The U.S. Treasuries market
rallied on Thursday with benchmark yields falling to their
lowest in nearly four weeks as market-friendly minutes from the
Federal Reserve’s March policy meeting renewed appetite for
government debt.

A steep selloff on Wall Street, where the major indexes lost
between 1 and 3 percent, ramped up safe-haven bids for
Treasuries and stoked demand at a $13 billion 30-year bond
auction that fetched the lowest yield in 10 months.

Apr 10, 2014

U.S. bond prices edge up before 30-year bond sale

NEW YORK, April 10 (Reuters) – U.S. Treasuries prices rose
modestly on Thursday before a $13 billion auction of 30-year
bonds after market-friendly minutes from the Federal Reserve’s
March policy meeting spurred a rally in short-to-medium notes,
sending yields to three-week lows.

The latest Federal Open Market Committee minutes, released
on Wednesday, suggested most policy-makers wanted to cling to a
near-zero rate policy they adopted in December 2008 until the
U.S. economy creates more jobs and an inflation rate that
achieves its 2 percent target, analysts and traders said.

    • 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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