Latest Government securities News

New Greek PM calls bond auction "vote of confidence"

Jul. 16, 2019 2:46 PM EDT

ATHENS, Greece (AP) — Greece launched a 7-year bond auction Tuesday, the country's third effort this year to raise money from international markets while improved borrowing rates provide an advantage. The auction aimed at raising 2.5 billion euros ($2.8 billion) followed 5-year and 10-year bond issues...

Greece announces bond issue, first under new government

Jul. 15, 2019 9:02 AM EDT

ATHENS, Greece (AP) — Authorities in Greece say the country is planning tap financial markets with the issue of a 7-year bond, the first under the new conservative government of Prime Minister Kyriakos Mistotakis. In a notice released Monday, Greece's Public Debt Management Agency named banks in charge of...

Mnuchin urges Congress to quickly pass new debt limit

Jul. 12, 2019 2:38 PM EDT

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told congressional leaders that the debt ceiling should be raised before lawmakers leave for their August recess to avert the potential of an unprecedented default on the national debt. In a letter to House and Senate leaders Friday, Mnuchin said that...

Pelosi ready for deal on borrowing limit, spending levels

Jul. 11, 2019 9:45 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that she wants to complete a deal with President Donald Trump this month that would raise the government's borrowing limit and set spending levels for the coming budget year. Pelosi's office said the California Democrat spoke twice with Treasury...

Markets Right Now: Dow has first close above 27,000 points

Jul. 11, 2019 4:13 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average climbed above 27,000 for the first time after a turbulent day on Wall Street. The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above...

The Latest: Markets end up after Powell hints at rate cut

Jul. 10, 2019 7:23 PM EDT

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to Congress. (all times local) 7:20 p.m. Testimony by Chairman Jerome Powell to a House Committee about the economic outlook led investors to send stock prices up, bond yields down...

Greece creditors say no changes in bailout terms for new PM

Jul. 8, 2019 5:17 PM EDT

ATHENS, Greece (AP) — Greece's bailout creditors on Monday bluntly rejected calls from the country's new conservative government to ease draconian budget conditions agreed as part of its rescue program. Conservative party leader Kyriakos Mitsotakis was sworn in as Greece's new prime minister Monday, a day...

How major US stock indexes fared Friday

Jul. 5, 2019 4:44 PM EDT

Stocks closed slightly lower Friday and bond yields rose after a surprisingly strong government jobs report raised doubts about whether the Federal Reserve will lower interest rates later this month. The Labor Department reported that employers added 224,000 jobs last month, far more than expected. Investors have...

US stocks cap milestone-setting week with modest losses

Jul. 5, 2019 4:39 PM EDT

Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market. The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index still notched a...

Markets Right Now: Stocks slip as hopes dim for a rate cut

Jul. 5, 2019 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Major U.S. indexes are closing slightly lower and bond yields are higher after a surprisingly strong government jobs report raised doubts about whether the Federal Reserve will lower interest rates later this month....