Latest Treasury notes News

US long-term mortgage rates decline; 30-year average 4.10%

May. 9, 2019 12:22 PM EDT

WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...

Asian stocks mixed as Fed steers clear of signaling rate cut

May. 1, 2019 11:56 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light with markets in Japan and mainland China closed. Hong Kong's Hang Seng rose 0.4% to 29,829.76...

Markets Right Now: Stocks end holiday-shortened week higher

Apr. 18, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Major U.S. indexes managed small gains on Wall Street but not enough to prevent a losing week for the S&P 500 following three weeks of gains. Industrial companies rose Thursday as traders welcomed solid earnings...

US mortgage rates move little after big drop; 30-year 4.08%

Apr. 4, 2019 1:05 PM EDT

WASHINGTON (AP) — U.S. long-term mortgage rates moved little this week after the key 30-year loan rate marked its steepest weekly drop in a decade the week before. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage ticked up to 4.08% from 4.06% — which had...

Markets Right Now: US indexes hold on to moderate gains

Apr. 3, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. A late stumble took away much of the gains from an early rally but major U.S. indexes still ended slightly higher on Wall Street. Another drop in Boeing Wednesday held back the Dow Jones Industrial Average, but the...

Markets Right Now: Stock waver to a mixed close

Apr. 2, 2019 4:17 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks shook off an early slump and wound up little changed on Wall Street as gains for some big tech companies were offset by losses in other sectors. The S&P 500 index eked out a tiny gain Tuesday, extending a...

Markets Right Now: Better economic news sends stocks higher

Apr. 1, 2019 4:10 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. A brighter outlook on the global economy helped send U.S. stocks solidly higher on Wall Street. In another hopeful sign, long-term bond yields rose above their recent lows Monday, following a sharp drop last month...

Markets Right Now: Stocks rebound as bond yields climb

Mar. 28, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks closed broadly higher on Wall Street as bond yields rose off their recent lows, easing concerns about a troubling drop in long-term yields over the past week. Banks did especially well Thursday. Citigroup...

US mortgage rates post biggest drop in decade to 4.06 pct.

Mar. 28, 2019 12:25 PM EDT

WASHINGTON (AP) — Purchasing a home just became a lot cheaper, thanks mostly to the Federal Reserve's decision last week to put its interest rate hikes on hold for now. Mortgage buyer Freddie Mac said Thursday that the average 30-year fixed rate mortgage plunged to 4.06 percent this week, down from 4.28...

Asian shares fall after US stumble, eying China trade talk

Mar. 28, 2019 12:29 AM EDT

TOKYO (AP) — Asian shares were mostly lower Thursday, following a slip on Wall Street, as investors watched the continuing trade talks between the U.S. and China. Japan's benchmark Nikkei 225 lost 1.5 percent in early trading to 21,049.94, while Australia's S&P/ASX 200 recouped earlier losses to be up...