Commodities
Treasury long-term notes and bonds were the world’s best-performing government securities over the past month on speculation Federal Reserve Chair Janet Yellen will say today inflation is in check as the economy grows.
Companies returned to the U.S. bond market today following almost a week of below-average issuance as borrowing costs reached an 11-month low amid a pullback in U.S. economic growth.
Caesars Entertainment Corp. is selling a minority interest in its largest unit, a step that removes guarantees by the casino company on much of its $23 billion of debt and sets the stage for a wider restructuring.
Forest Oil Corp. bonds surged to a record after Sabine Oil & Gas LLC agreed to buy the energy producer, which has been struggling with dwindling cash flow.
China’s one-year interest-rate swaps climbed for a second day after a quarterly report from the central bank failed to signal potential policy loosening even as the world’s second-largest economy cools.
China National Petroleum Corp. is marketing dollar-denominated notes and China Cinda Asset Management Co. plans its first bond sale in the U.S. currency, after borrowing costs dropped to the lowest in almost 11 months.
China’s cooling property market has helped push its budget into deficit and prompted Standard & Poor’s to warn of risks to the finances of regional borrowers.
The way Shimon Eckhouse sees it, his company’s fat-busting technology gives him a direct line into what he calls one of the holy grails of beauty treatment. Everyone, he says, is worried about being overweight.
Treasuries rose, with the yield on the 30-year bond approaching the lowest in 11 months, amid bets Federal Reserve Chair Janet Yellen will tell Congress this week economic growth is gradual and inflation remains tamed.
The Treasury Department’s $29 billion sale of three-year notes may draw a yield of 0.928 percent, the highest level since May 2011, according to the average forecast in a Bloomberg News survey of six of the Federal Reserve’s 22 primary dealers.
Italian government bonds rose, pushing 10-year yields below 3 percent for the first time, as services data added to signs of recovery in the euro area that are bolstering demand for higher-yielding assets.
Rubber futures in Tokyo slid the most in more than two months and headed for the lowest settlement since 2009 after the yen rallied and concern mounted that demand would ease in China.
West Texas Intermediate advanced for a second day after an industry report showed crude stockpiles declined in the U.S., the world’s biggest oil consumer. Brent gained in London.
Treasury long-term notes and bonds were the world’s best-performing government securities over the past month on speculation Federal Reserve Chair Janet Yellen will say today inflation is in check as the economy grows.
Companies returned to the U.S. bond market today following almost a week of below-average issuance as borrowing costs reached an 11-month low amid a pullback in U.S. economic growth.
Caesars Entertainment Corp. is selling a minority interest in its largest unit, a step that removes guarantees by the casino company on much of its $23 billion of debt and sets the stage for a wider restructuring.
Forest Oil Corp. bonds surged to a record after Sabine Oil & Gas LLC agreed to buy the energy producer, which has been struggling with dwindling cash flow.
China’s one-year interest-rate swaps climbed for a second day after a quarterly report from the central bank failed to signal potential policy loosening even as the world’s second-largest economy cools.
China National Petroleum Corp. is marketing dollar-denominated notes and China Cinda Asset Management Co. plans its first bond sale in the U.S. currency, after borrowing costs dropped to the lowest in almost 11 months.
China’s cooling property market has helped push its budget into deficit and prompted Standard & Poor’s to warn of risks to the finances of regional borrowers.
The way Shimon Eckhouse sees it, his company’s fat-busting technology gives him a direct line into what he calls one of the holy grails of beauty treatment. Everyone, he says, is worried about being overweight.
Treasuries rose, with the yield on the 30-year bond approaching the lowest in 11 months, amid bets Federal Reserve Chair Janet Yellen will tell Congress this week economic growth is gradual and inflation remains tamed.
The Treasury Department’s $29 billion sale of three-year notes may draw a yield of 0.928 percent, the highest level since May 2011, according to the average forecast in a Bloomberg News survey of six of the Federal Reserve’s 22 primary dealers.
Italian government bonds rose, pushing 10-year yields below 3 percent for the first time, as services data added to signs of recovery in the euro area that are bolstering demand for higher-yielding assets.
Rubber futures in Tokyo slid the most in more than two months and headed for the lowest settlement since 2009 after the yen rallied and concern mounted that demand would ease in China.
West Texas Intermediate advanced for a second day after an industry report showed crude stockpiles declined in the U.S., the world’s biggest oil consumer. Brent gained in London.
