Treasury bond yields are plunging to levels seen in the 1950s as concern a two-year recovery in the world's largest economy is stalling causes investors to flee stock and debt markets.
Ten-year notes returned 1.83% in July; 'market saw through the debate'
Plosser sees central bank raising interest on fed funds before mid-2013; 'inappropriate policy at inappropriate time'
S&P's single-notch lowering of the U.S. sovereign debt rating was seen as a big blow to the Treasury market. Instead, worries about default on government debt has investors clamoring for -- yep -- government debt. The result? In an auction this week, taxpayers saved $647M.
U.S. two-year note yields increased from a record low yesterday as the Labor Department said the U.S. added 117,000 jobs, up from a revised 46,000 gain in June and compared with the 85,000 forecast in a Bloomberg News survey.
Sources say traders at Morgan Stanley lost tens of millions of dollars in a big wager on inflation. Apparently, the bank is still working to get out of the bets.
Financial advisers might want to consider their options with regard to cash management if for no other reason than peace of mind.
Pimco's Bill Gross said U.S. lawmakers "don't get" the long-term implications of deficit reduction even if a resolution is reached to lift the debt ceiling.
Aggregate wagers against the greenback rose for the fourth consecutive week, data from the CFTC show.
Moody's places five Aaa issuers under review for possible downgrades. The reason? The states are vulnerable to cuts in federal spending, the rating agency says.
Over the past year, traders and money managers have been predicting disaster for U.S. Treasuries. So far, the rout has failed to materialize. In fact, Uncle Sam's bonds have nearly tripled the return of other sovereign debt offerings during the past twelve months.
BlackRock chief executive Laurence D. Fink is more bullish on U.S. equities than bonds because companies are benefiting from the weak dollar and have surplus cash to invest for growth
Although they aren't ready to give up their bearish long-term stance on bonds just yet, most financial advisers and other market participants seem to be adjusting downward their short-run expectations for higher rates and economic growth
Creditors left holding the bag after Jefferson County goes bust; 'catastrophic mistake'
California eyes selling muni debt in $25 denominations; lower buy-in designed to attract more investors
After S&P lowered ratings on thousands of municipal bonds earlier in the week, traders braced for a massive selloff. They're still waiting.
MSRB warns against price manipulation in the wake of possible credit downgrades
Accord may still leave Uncle Sam still vulnerable, says fund firm boss: 'uncertainty premium'
State hedging against possible credit market chaos; lowest-debt rating of all 50 states
The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.
