Home » Posts tagged with » European debt

Weak demand at auction of 30-year Treasury bonds

A government auction of 30-year Treasury bonds is drawing weak bids as investors return to buying European debt. The Treasury Department sold $13 billion in 30-year bonds Thursday at a higher yield than similar bonds fetched on the market at the time. A bond’s yield rises as its price falls. Data from CRT Capital Group… Continue Reading Weak demand at auction of 30-year Treasury bonds

Stocks get lift from US data, German vote on fund

Comments Off

Stocks surged Thursday on a combination of surprisingly strong U.S. economic data and the overwhelming approval by Germany’s parliament of a bill to strengthen a bailout fund intended to help European countries deal with their debts. News that the U.S. economy grew by more than previously thought in the second quarter of the year and… Continue Reading Stocks get lift from US data, German vote on fund

Continue reading …

Stocks rocketed higher and interest rates fell Monday after investors were reassured by a nearly $1 trillion plan to avoid a European debt crisis. The Dow Jones industrial average rose about 390 points. The Dow and broader stock indexes rose more than 3 percent. Markets also barreled higher in Europe. The yield on the benchmark… Continue Reading Stocks surge on effort to ease Europe debt crunch

Continue reading …