Cordell Eddings
Fed policy aids U.S. financial strength BofA deems unrivaled
NEW YORK – Five years after Federal Reserve Chairman Ben S. Bernanke dropped U.S. interest rates toward zero to end the worst economic crisis...
Shutdown, debt-ceiling talks tighten U.S. financial conditions
NEW YORK - Financial conditions tightened after the first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam...
Treasuries climb as U.S. growth concern spurs demand for safety
WASHINGTON - Treasuries advanced for a second day, recouping more than half the losses posted since Federal Reserve policy makers announced more stimulus last...
Banks use $1.77T stockpile to double treasury buying
NEW YORK - The gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more...
U.S. 10-year sells at record low yield
WASHINGTON - Treasury notes remained higher after the U.S. sale of $24 billion in 10-year notes drew a record low auction yield.
The securities were...
U.S. 7-year may yield record low at auction
NEW YORK - The Treasury Department’s $29 billion sale of seven-year notes may draw a record low yield of 1.357 percent, according to...
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