Bonds

World stocks sank Monday as Greece inched closer to default after weekend talks with international creditors over freeing up the rest of its bailout funds went nowhere.

Interest rates on short-term Treasury bills were mixed in Monday's auction, with rates on three-month bills declining to their lowest level since late 2011, while rates on six-month bills rose.

Foreign holdings of U.S. Treasury securities fell in April, the first setback since October.

U.S. stocks opened lower Tuesday as bond yields climbed for a second day.

Interest rates on short-term Treasury bills fell in Monday's auction.

Missouri's aging Capitol, public colleges and universities and other state-owned buildings could get roughly $300 million worth of repairs and renovations from bonding under a plan passed by the Legislature on Thursday.

Interest rates on short-term Treasury bills were mixed in Monday's auction with the rate on three-month bills declining to the lowest level since early March, while the rate on six-month bills rose.

Interest rates on short-term Treasury bills were mixed in Monday's auction.

New Jersey's bond rating was downgraded this week over the state's pension contribution shortfall, marking the ninth time since Gov. Chris Christie took office in 2010 that a major agency has lowered its rating for the state.

The Treasury Department says that Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008.

Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks.

Students from the troubled Corinthian Colleges are getting support from state attorneys general and U.S. senators in their quest to have their federal student loans forgiven.

The European Central Bank has met its monthly goal of purchasing 60 billion euros in government and private-sector bonds, the first stage of a 1.1 trillion euro ($1.2 trillion) program aimed at boosting the economy.

Interest rates on short-term Treasury bills fell in Monday's auction.

The fund that pays for New Jersey roads and bridges will be broke after the next fiscal year, the state's top transportation official said Thursday.

Kansas is expected to issue $1 billion in bonds later this year to bolster its pension system for teachers and government workers.

Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks.

Kansas is considering $1 billion or more in pension bonds because it has a chance to improve the state retirement system's financial health, not because officials want to back off short-term funding commitments, the Legislature's pension committee chairmen said Monday.

Citibank says a U.S. court has authorized it to process two debt payments for Argentina without facing contempt charges over a long-running dispute with U.S. bondholders.

Interest rates on short-term Treasury bills fell in Monday's auction.