News
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TREASURIES-A seesaw start to 2025, with Trump and Fed in foreground
U.S. Treasury yields fluctuate as 2025 trading beginsInvestors anticipate less aggressive monetary easing this yearUpcoming auctions and economic indicators to influence market sentimentRecasts, updates pricesBy Alden BentleyNEW YORK, Jan 2 (Reuters) - U.S. Treasury yields vacillated as trading for ...Reuters
Thu, Jan 2
TGI Fridays gets bankruptcy court approval to sell 9 locations
By Dietrich Knauth NEW YORK, Jan 2 (Reuters) - Bankrupt restaurant chain TGI Fridays received court approval on Thursday to sell nine of its 39 corporate-owned locations, raising $34.5 million to repay its creditors. U.S. Bankruptcy Judge Stacey Jernigan approved the sale at a court hearing in Da...Reuters
Thu, Jan 2
New York Fed reports sharp drop in reverse repo usage
NEW YORK, Jan 2 (Reuters) - Usage of the Federal Reserve's reserve repo facility dropped on the first day of the year, the central bank reported on Thursday. The New York Fed said money market funds and other eligible firms parked $239.9 billion at its overnight reverse repo facility, down from the ...Reuters
Thu, Jan 2
US 30-year fixed-rate mortgage flirts with 7%
WASHINGTON, Jan 2 (Reuters) - U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary.The average rate on the popular 30-year fixed-rate mortgage increased to 6.91%, the highest level since early July, from 6.85% last week, mort...Reuters
Thu, Jan 2
UPDATE 2-US crude stocks fall, while fuel inventories surge on weak demand, EIA says
Adds analyst quotes, data from reportBy Liz Hampton and Laila KearneyDENVER, Jan 2 (Reuters) - U.S. crude stocks fell while gasoline and distillate inventories rose sharply as demand weakened in the week ending December 27, the Energy Information Administration (EIA) said on Thursday.Crude inventori...Reuters
Thu, Jan 2
WRAPUP 2-US weekly jobless claims hit eight-month low as labor market remains resilient
Adds construction data, analyst comments throughoutWeekly jobless claims drop 9,000 to 211,000Continuing claims decline 52,000 to 1.844 millionConstruction spending unchanged in NovemberBy Lucia Mutikani WASHINGTON, Jan 2 (Reuters) - The number of Americans filing new applications for unemploymen...Reuters
Thu, Jan 2
UPDATE 1-US crude stocks fall, gasoline and distillate inventories rise - EIA
Adds price actionDENVER, Jan 2 (Reuters) - U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending December 27, the Energy Information Administration (EIA) said on Thursday.Crude inventories fell by 1.2 million barrels to 415.6 million barrels last week, the EIA said...Reuters
Thu, Jan 2
US crude stocks fall, gasoline and distillate inventories rise - EIA
DENVER, Jan 2 (Reuters) - U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending December 27, the Energy Information Administration (EIA) said on Thursday.Crude inventories fell by 1.2 million barrels to 415.6 million barrels last week, the EIA said, compared with a...Reuters
Thu, Jan 2
Euro-zone bond yields dip, economy remains sluggish
Updates in European afternoon tradeBy Harry Robertson LONDON, Jan 2 (Reuters) - Euro-zone bond yields fell slightly in thin trading on Thursday, as data showed the bloc's manufacturing sector performed slightly worse than expected in December and lending remained weak.Germany's 10-year bond yield...Reuters
Thu, Jan 2
TREASURIES-Yields slip as 2025 trading kicks off with Trump and Fed in forefront
By Alden BentleyNEW YORK, Jan 2 (Reuters) - U.S. Treasury yields receded further from December highs on the first day of 2025, as a bond sell off unwound despite good prospects for a slower pace of monetary easing and economic proposals from the incoming administration that raised inflation concerns...Reuters
Thu, Jan 2
US reports construction spending unchanged in November
WASHINGTON, Jan 2 (Reuters) - U.S. construction spending was unchanged in November as a moderate rise in single-family homebuilding was offset by a sharp decline in outlays on multi-family housing projects.The Commerce Department's Census Bureau said on Thursday the unchanged reading in construction...Reuters
Thu, Jan 2
Canadian factory PMI rises to 22-month high in December
By Fergal Smith TORONTO, Jan 2 (Reuters) - Canadian manufacturing activity increased at the fastest pace in nearly two years in December as inventory accumulation by U.S. clients in anticipation of trade tariffs provided a measure of support for export sales.The S&P Global Canada Manufacturing Pu...Reuters
Thu, Jan 2
WRAPUP 1-US weekly jobless claims slide to eight-month low
Weekly jobless claims drop 9,000 to 211,000Continuing claims decline 52,000 to 1.844 millionBy Lucia MutikaniWASHINGTON, Jan 2 (Reuters) - The number of Americans filing new applications for unemployment benefits dropped to an eight-month low last week, pointing to low layoffs at the end of 2024 and...Reuters
Thu, Jan 2
US weekly jobless claims unexpectedly fall
WASHINGTON, Jan 2 (Reuters) - The number of Americans filing new applications for jobless benefits unexpectedly fell last week, pointing to low layoffs at the end of 2024, consistent with a healthy labor market.Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 211...Reuters
Thu, Jan 2
