Treasury Two-Year Notes Rise for Eighth Week on Hiring Slowdown
Treasury two-year securities rose for an eighth week in their longest winning streak since February 2008 as reports showed U.S. job growth in May was less than a third of what economists forecast and manufacturing slowed. View full post on All Stories
Treasurys rise for week; Europe worries take stage
NEW YORK (MarketWatch) — Treasury prices rose on Friday, pushing yields back toward the lowest levels in five months, with a falling euro and worries about Greece and Spain drawing the attention of … View full post on All Stories
Banks tip June rate rise
Three of the big four banks predict the RBA will raise interest rates in June – contrary to money-market signals. View full post on All Stories
Plummeting Rates Likely to Reverse and Rise
Freddie Mac reported the average 30-year fixed-rate mortgage improved 8 basis points from the prior week. The 30-year reached the lowest point since the week ended Dec. 9, 2010. But next week, Freddie’s report is likely to be at least 10 BPS worse than today’s given movement in the 10-year Treasury yield. View full post [...]
Israel Stocks: Israel stocks rise; M-A gets China’s OK for deal
Israeli stocks finish higher on Sunday, before a two-day market closing, led by banks, phone-service provider Bezeq Israel Telecommunication Corp. and drug makers. View full post on All Stories
US Sees Some Yuan Flexibility, Wants More
China is starting to let its yuan currency rise more rapidly to curb inflation but needs to move even more swiftly toward a market-driven exchange rate, U.S. Treasury Secretary Timothy Geithner said … View full post on All Stories
Gold and silver rise as trust in banks and bankers plunges.
One of the significant reasons for the continuing strength in gold and silver prices stems from the complete erosion of trust in the banking sector View full post on All Stories
Scott seeks aid in drug wars
The governors of Florida and Kentucky on Thursday urged Congress to help states fight the rise of “pill mills” and the abuse of prescription painkillers hurting their states. View full post on All Stories
U.S. Stocks Rise as Cisco’s Plan Spurs Tech Rally, Banks Advance
U.S. stocks rose, sending the Dow Jones Industrial Average to the highest since 2008, as Cisco System Inc. led technology shares higher and European lenders’ plans to raise capital spurred confidence in the banking system. View full post on All Stories
European markets set to rise ahead of US job data
Some caution, however, was expected to remain on worries over the finances of Ireland’s banks and on renewed bailout fears for highly indebted Portugal. View full post on All Stories
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