Written by Treasury 30-year yields were near the lowest level in a week as investors sought longer maturities because they offer more yield than shorter ones. READ MORE »
Posts tagged borrowers
Dollar, Yen Climb on Concern About European Banks, U.S. Growth
The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies. READ MORE »
Treasury sells notes at record low interest rate
The federal government borrowed $32 billion from investors for three years at the lowest rate on record READ MORE »
Foreclosure mess doesn’t dent bank stocks
Bank shares have proved resilient despite the widening U.S. foreclosure crisis, as investors view the growing furor over foreclosures as a procedural problem instead of a deeper issue of how homes are repossessed. READ MORE »
Treasuries Set for Weekly Gain Before Jobs Report, Fed Speakers
Treasury 10-year notes headed for the biggest weekly gain in a month before a report that economists said will show unemployment held near 10 percent in October, a reason the recovery is disappointing policy makers. READ MORE »