Account

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 chatter about how and whether the Federal Reserve may taper its bond-purchase program--known as quantitative easing, which artificially holds down interest rates--continued to dominate the market during a week of public appearances by Fed officials.The benchmark 10-year note (10_YEAR) yielded 1.965%, 1 basis point higher on the day, to its steepest level in two months. The 30-year bond (30_YEAR) yield traded up half a basis point at 3.174%, while the 5-year note (5_YEAR) yield traded up slightly at 0.837%. Yields move inversely to prices."We are sitting in a situation here of pretty emotional markets," said David Keeble, head of interest-rate strategy at CrÛdit Agricole Corporate and Investment Bank.Fed Chairman Ben Bernanke will testify before Congress and the Federal Open Market Committee will release its meeting minutes Wedn...
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has b...
Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have ban...
When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether h...
Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy--an effort t...
The story behind the story of high global unemployment in the wake of the recent financial crisis and ensuing worldwide recession is the predicament of jobless youth...
I knew buying my first home wouldn't be easy. I was wrong. It's been brutal. My husband and I moved to Washington, D.C., from Manhattan in 2012 and after renting for...
Mortgage rates jumped this week after the latest employment data painted a rosier picture of job growth in the United States and the stock market rallied.The benchma...
At least not in 2013. The eurozone is contending with a jobless rate of around 12 percent, but when it comes to country-specific ETFs tracking European nations (both...
The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in...
The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in...
Greek youth unemployment rose above 60 percent for the first time in February, reflecting the pain caused by the country's crippling recession after years of austeri...
Unemployment rose at an accelerating pace in Australia's most resource-rich state last month, adding to evidence that the nation's decade-long mining boom is fizzlin...
Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released o...
I am working for you to find you a job, a lead, an idea, but there is a group of Americans I have not helped: college graduates.The latest data show us the true unem...
European shares held near multi-year highs in volatile trade on Friday, with some investors using early weakness as a buying opportunity and with carmakers cheered b...
PORTLAND, Ore.--The leader of the Federal Reserve Bank of San Francisco is open to cutting the central bank's bond-buying program at some point over the next few mon...
Housing, particularly new home construction, will be the driver for new jobs to boost economic recovery, mortgage-finance company Freddie Mac (FMCC) said in its late...
Housing, particularly new home construction, will be the driver for new jobs to boost economic recovery, mortgage-finance company Freddie Mac (FMCC) said in its late...
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has b...
