Fox Business - The Power to Prosper
Search Site

10 Year Treasury

Fannie Mae MBS Drop to One-Year Low

Mortgage-backed securities issued by Fannie Mae and Freddie Mac plunged on Wednesday after Federal Reserve Chairman Ben Bernanke left open the possibility the central bank could begin tapering its debt purchases as the economic recovery progresses.MBS paying the lowest interest rates fell the most since they are the assets targeted by Fed's quantitative easing program. They are also the most vulnerable to rising benchmark rates, because the underlying loans aren't likely to be refinanced as often, leaving investors saddled with low-returning assets longer than expected.Exceeding a selloff in Treasury debt, Fannie Mae MBS with 3% coupons fell nearly 1 point to their lowest levels in a year and about five times the magnitude of a typical trading day, according to analysts. Generic Fannie Mae MBS yields rose to 2.8% from 2.67%, widening the spread to 10-year Treasury yields to 0.768 percentage point, the highest since Sept. 6, before the Fed announced its latest QE effort, Credit Suisse d...

Read More

  1. BOND REPORT: Treasurys Swing To Gains On Fed Speeches

    Treasurys closed higher Tuesday after two Federal Reserve officials indicated that they are committed to maintaining the monetary-policy status quo in the near term....

  2. Market Wrap for Tuesday, May 21: Stocks Record Modest Gains Ahead of Bernanke Testimony

    U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.The expectation that the centra...

  3. BOND REPORT: Treasurys Tip Down Ahead Of Fed Speeches

    Treasurys traded lower Tuesday morning as the government-bond market waits on pins and needles for guidance on the Federal Reserve's monetary plan going forward.The ...

  4. Treasurys Trade Flat Ahead Of Fed Speakers

    Treasury prices were largely unchanged Tuesday morning as two Federal Reserve presidents prepared to make public appearances. Yield, which moves inversely to price, ...

  5. BOND REPORT: Treasurys Fall As QE Clouds Market

    The Treasury market turned a morning rally into an afternoon slump Monday as the benchmark U.S. government debt yield rose to its highest since mid-March.Market chat...

  6. New Legislation Will Help Federal Student Loan Borrowers

    College graduates battling federal student loan costs might be able to refinance for a lower rate under proposed legislation.The bill, introduced by Sen. Kirsten Gil...

  7. Market Wrap for Monday, May 20: Stocks Record Very Minor Losses; Greenback Falls Versus Euro

    The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact.Neve...

  8. BOND REPORT: Treasurys Rise As Investors Jump Into Fray

    Treasury prices moved higher Monday, as investors used a familiar yield threshold to jump into the market after three weeks of declines.The 10-year note (10_YEAR) yi...

  9. Treasurys Rise Before Chicago Fed President Speech

    Treasury prices moved higher Monday ahead of a speech by Chicago Federal Reserve President Charles Evans at 1 p.m., which kicks off a week full of Fed speakers. The ...

  10. Analysis: Frontier Markets booming but risks mounting

    With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and pre...

  11. MARKET SNAPSHOT: U.S. Stocks Notch Records, Fourth Week Of Gains

    U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the econ...

  12. BOND REPORT: Treasurys Fall On Rising Consumer Sentiment

    Treasurys extended a price drop Friday on better-than-expected consumer sentiment data, pushing bond yields higher for the third straight week.Prices fell after the ...

  1. BOND REPORT: Treasurys Fall On Bernanke; 10-year Hits 2%

    Treasurys swiftly reacted to comments by Federal Reserve Chairman Ben Bernanke about the time frame for discussing changes to monetary policy, sending yields to thei...

  2. Treasurys Pare Some Losses On FOMC Minutes

    Treasurys, which took a dive earlier Wednesday on comments made by Federal Reserve Chairman Ben Bernanke, pared some of their losses after the release of the minutes...

  3. Market Wrap for Wednesday, May 22: Stocks Pullback As Bernanke Says Bond Buying Could Slow

    In Congressional testimony on Wednesday, Federal Reserve Chairman Ben Bernanke said that the central bank could begin winding down its $85 billion-per-month bond-buy...

  4. Analysis: As economy strengthens, a bonds sell-off may beckon

    The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off.They po...

  5. U.S. Stocks, Gold Recoil After Bernanke Bond Talk

    U.S. stocks shed much of their early gains Wednesday and gold swung lower after Federal Reserve Chairman Ben Bernanke said, in answer to a question from a Congressio...

  6. Treasurys Rise On Bernanke's Dovish Statement

    Treasurys took Fed Chairman Ben Bernanke's statement to Congress Wednesday as a positive sign, sending prices up and yields down. The 10-year note yield fell 3 basis...

  7. Treasurys Rise Ahead Of Bernanke Testimony

    Treasury prices rose Wednesday morning as the market prepared for congressional testimony from Federal Reserve Chairman Ben Bernanke. The benchmark 10-year note yiel...

‹ Prev12345Next ›
Freebase CC-BY
Source: 10 Year Treasury on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL