Archive for the ‘Bonds’ Category

U.S. Treasury note yields fall as nervous investors seek safety

Linda Young – Fourth Estate Cooperative Writer Washington, D.C., United States (4E) – The yield on 10-year Treasury notes fell to an all-time record low of 1.659 percent as nervous investors decided keeping their money safe was most important. Yields, or the interest paid on 10-year notes, moves inversely to prices. They are tracked by […]

Fitch downgrades Greek sovereign debt

Linda Young – Fourth Estate Cooperative Writer Athens, Greece (4E) – Fitch Ratings downgraded the credit rating of Greece’s government again on Thursday. Greece’s credit rating dropped from a B- to a CCC, which puts it deeper into junk bond territory. That means many investors cannot buy Greek debt even if they thought it was […]

U.S. markets suffer Monday morning blues

Diane Alter – Fourth Estate Cooperative Reporter New York, NY, United States (4E) – U.S. markets suffered from the Monday morning blues, with the Dow down nearly 100 points on the open. Jittery investors have a close eye on development from European ministers who are meeting over the next two days. On the agenda, the […]

Mortgage rates fall to new low–again

Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates fell to new lows again for the week ended May 10, with the 30-year averaging 3.83 percent. Freddie Mac said in a statement Thursday, “Following April’s weaker than expected employment report and the French and Greek election results raising concerns over […]

Stocks rise Thursday after days of losses

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. markets rose right out of the gate Thursday after several days of heavy losses. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 40 points, the Standard & Poor’s 500 Index gained 8 points and […]

Sukuk gain as Europe ails, costs fall, religion thrives

The Media Line Staff United Arab Emirates David Rosenberg / The Med – Islamic bonds (sukuk) are set to become the big hit of the Middle East’s financial markets this year as low costs, a contracting European banking industry and a rising tide of religion across the region spur interest from borrowers and investors alike. […]

Stocks start Monday strong on higher retail sales

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Dow stocks stocks staged a rally Monday morning boosted by strong retail sales data. Shorty after 10 a.m. on Wall Street, the Dow Jones Industrial Average was up 64 points, the Standard & Poor’s 500 Index was off 2 points and the […]

Stocks fall Thursday on European concerns

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks were weak on the open Thursday on European debt worries. Just before 10 a.m. on Wall Street, the Dow Jones Industrial Average lost 25 points, the Standard and Poor’s 500 Index was lower by 2 points and the NASDAQ was […]

Markets weak Wednesday on Fed anxiety

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks suffered a sharp sell-off Wednesday morning as investors grew increasingly anxious about what the markets might do without additional stimulus from the Federal Reserve. Just after 10 a.m., the Dow Jones Industrial Average sank 147 points, the Standard & Poors 500 […]

Mortgage rate rises above 4 percent for first time since October

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The rate on a 30-year fixed mortgage climbed above 4 percent for the first time since October, Freddie Mac reported Thursday. In its weekly report, the mortgage giant noted the average rate on the 30-year fixed rate mortgage increased to 4.08 percent […]