NEW YORK, June 1 (Reuters) – Yields on U.S. Treasury debt
fell to record lows o n F riday and stock markets plunged after a
weak U.S. jobs report aggravated fear of a global slump and sent
investors scurrying for safety.

The data, which showed U.S. job growth at its weakest in a
year, underscored a growing sense that the U.S. economy is not
immune to weakness in Europe, where Spain is struggling to
support its banks, or to slower growth in China.

NEW YORK, May 29 (Reuters) – The euro neared a two-year low
o n T uesday as investors fretted about Spain’s troubled banking
system, but global stocks jumped on talk of further steps by the
European Central Bank to support the region’s banks and new
measures by China to stem a slowdown.

The euro fell further below $1.25 after Egan-Jones Ratings
cut Spain’s credit score for the third time in less than a
month, saying the need to support the country’s banks was
putting new strains on Spanish public finances.

NEW YORK (Reuters) – The euro neared a two-year low against the dollar on Tuesday as markets fretted about Spain’s troubled banking system while Facebook’s slide below $30 trimmed Wall Street’s earlier gains.

The euro, down sharply in midday trade, fell further below $1.25 after Egan-Jones Ratings cut Spain’s credit score, the third downgrade in less than a month, saying efforts to support Spanish banks were putting new strains on public finances.

NEW YORK, May 29 (Reuters) – The euro neared a two-year low
against the dollar on Tuesday as markets fretted about Spain’s
troubled banking system while Facebook’s slide below $30
trimmed Wall Street’s earlier gains.

The euro, down sharply in midday trade, fell further below
$1.25 after Egan-Jones Ratings cut Spain’s credit score, the
third downgrade in less than a month, saying efforts to support
Spanish banks were putting new strains on public finances.

LONDON/NEW YORK, May 24 (Reuters) – The shadows over the
global economy darkened this month as the euro zone’s private
sector contracted, U.S. manufacturing growth slowed and China’s
once-booming factories faltered, surveys showed on Thursday.

In Europe, a downturn that started in smaller states on the
euro zone’s periphery is now taking root in the core countries
of Germany and France, where tepid growth had been the main
ballast of support for the euro area economy.

NEW YORK (Reuters) – They are the few, the brave, the unloved, and among big investors, their number shrinks by the month.

They are the last of the bond bulls, the investors who believe long-term U.S. government bonds will extend a historic run that has already pushed interest rates to multi-decade lows.

NEW YORK (Reuters) – The $2 billion-and-counting trading loss at JPMorgan Chase & Co rattled investors on Monday, raising fears of more trouble to come from a possible wave of ratings downgrades of major global banks.

Market participants said the mismanaged derivatives trade at JPMorgan, regarded as the best-run large U.S. bank, raised concern about other banks’ derivatives strategies.

NEW YORK (Reuters) – Paul Krugman has a simple message for U.S. policymakers: Forget about the country’s huge budget deficit. It can be fixed over the next decade. Focus instead on the much more immediate problem of mass unemployment.

“It’s not true we’re going over a cliff on fiscal problems,” the Nobel Prize-winning economist said in an interview with Reuters TV. “We are already over a cliff on the unemployment problem, and that is the thing to worry about.”

NEW YORK (Reuters) – Concern the U.S. economy was heading for another summer swoon was mounting even before Friday’s disappointing jobs data.

Economists are increasingly predicting 2012 will be another year when growth struggles along at about 2 percent.