Latest Government bonds News

What the Fed's rate cut means for you

Sep. 18, 2019 4:03 PM EDT

The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer to zero,...

US long-term mortgage rates rise, with 30-year at 3.56%

Sep. 12, 2019 7:06 PM EDT

WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remained at historically low levels. Mortgage buyer Freddie Mac said Thursday the rate on the 30-year, fixed-rate mortgage increased to 3.56% from 3.49% last week. Average rates on the benchmark loan have remained below 3.6% for four...

Asian shares mostly higher after rise on Wall Street

Sep. 11, 2019 12:28 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by a rise on Wall Street amid some signs of easing tensions between the U.S. and China on trade issues. Japan's benchmark Nikkei 225 rose 0.6% to 21,514.14 in morning trading. Australia's S&P/ASX 200 inched up 0.1% to 6,622.60. South...

Markets Right Now: Stocks post solid gains on trade hopes

Sep. 5, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks notched solid gains after news that the U.S. and China plan to hold talks next month and as several reports suggested the U.S. economy was still going strong. The Dow Jones Industrial Average surged nearly 400...

Long-term mortgage rates dip; 30-year at 3-year low of 3.49%

Sep. 5, 2019 12:14 PM EDT

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, with the average on the key 30-year loan reaching its lowest point in nearly three years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year mortgage declined to 3.49% from 3.58% last week. The average rate hasn't been that...

Asian shares rise amid optimism about Hong Kong, Brexit

Sep. 5, 2019 1:07 AM EDT

TOKYO (AP) — Asian shares were mostly higher Thursday amid encouraging global developments, including British lawmakers seeking a less chaotic exit from the European Union and easing political tensions in Hong Kong. Japan's benchmark Nikeki 225 rose 2.3% to 21,131.08 in morning trading. Australia's...

Markets Right Now: Tech leads a broad rally on Wall Street

Sep. 4, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Technology companies led a broad rally in U.S. stocks, erasing much of the market's losses from a day earlier. Traders pivoted to riskier holdings Wednesday as encouraging developments overseas helped alleviate...

Asian markets sink after Wall Street recovery

Aug. 29, 2019 12:31 AM EDT

BEIJING (AP) — Asian stocks declined Thursday following Wall Street's rebound amid uncertainty about U.S.-Chinese trade tension. Market benchmarks in Shanghai, Tokyo and Hong Kong declined. Investors were looking for news about the outlook for U.S.-Chinese trade negotiations following confusion over...

How major US stock indexes fared Wednesday

Aug. 28, 2019 5:22 PM EDT

Stocks overcame an early stumble and closed broadly higher Wednesday as the market more than made up its losses from a day earlier. Banks and retailers accounted for a big slice of the rally. Investors continued to shift money into U.S. government bonds, keeping long-term yields below short-term ones. The...

Markets Right Now: Banks, retailers lead stocks higher

Aug. 28, 2019 4:13 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing higher on Wall Street Wednesday, led by gains in banks and retailers. Wells Fargo climbed 1.6% and Home Depot rose 1.7%. Tiffany & Co. gained 3% after the luxury jeweler's second quarter results...