Money Markets
Summary Box: China trims US Treasury holdings
Mar 15, 2010 17:52 EDT
Summary Box: China trims US treasury holdings but retains spot as biggest US creditor. FOREIGN HOLDINGS: China trimmed its holdings of U.S. Treasury securities for a third month in January, reducing its position to $889 billion, a drop of $5.8 billion from December.
China trims holdings of Treasury securities
Mar 15, 2010 16:55 EDT
China trims holdings of US Treasury securities for third month as US federal deficit soars. China retained its spot as the biggest foreign holder of U.S. Treasury debt in January even as it trimmed its holdings for a third straight month. The string of declines underscored worries that the U.S. government could face much higher interest rates to finance soaring budget deficits.
Rates rise at weekly Treasury auction
Mar 15, 2010 16:26 EDT
Rates on Treasury bills at weekly auction jump to highest levels in 7 months. Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in seven months.
Money fund assets fell to $3.090T in latest week
Mar 12, 2010 01:12 EST
Money fund assets fell by $36.22 billion to $3.090 trillion in latest week. Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday.
Obama's budget is worse than you thought
Mar 11, 2010 13:22 EST
Too much hope and audacity . Forget the current estimates, the deficits are going to be much, much worse.
Glincher Realty alters credit facility terms
Mar 08, 2010 18:40 EST
Glincher Realty alters terms of credit facility with lenders led by KeyBank, Bank of America. Real estate investment trust Glimcher Realty Trust said Monday it has extended and changed its agreement for its $470 million unsecured credit facility with its lenders, including KeyBank National Association and Bank of America NA.
Rates rise at weekly Treasury auction
Mar 08, 2010 18:18 EST
Treasury bill rates rise, with 3-month bills increasing to highest level in 6 months. Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills rising to their highest level in more than six months.
New York Fed says to expand firms for reverse repos
Mar 08, 2010 11:36 EST
NEW YORK (Reuters) - The U.S. Federal Reserve is taking an additional measure to lay the groundwork to drain excess bank reserves, as it seeks to remove some of the $1 trillion in cash it injected during the global credit crisis.
Fed launches reverse repurchase agreement program
Mar 08, 2010 11:21 EST
Fed begins program to withdraw some of its extraordinary liquidity measures from market. The Federal Reserve is beginning a program to drain some of the unprecedented liquidity it added to markets during the credit crisis.
Money fund assets fell to $3.126T in latest week
Mar 04, 2010 18:31 EST
Money fund assets fell by $39.7 billion to $3.126 trillion in latest week. Total money market mutual fund assets fell by $39.7 billion to $3.126 trillion for the week, the Investment Company Institute said Thursday.
China banks absorbed $170 billion FX swaps in '09: report
Mar 03, 2010 00:31 EST
SHANGHAI (Reuters) - Chinese commercial banks absorbed about $170 billion in foreign exchange from the financial system last year, mainly through yuan-dollar swaps, state media on Wednesday cited a former official as saying.
China still biggest foreign buyer of US securities
Feb 26, 2010 17:22 EST
Treasury says China retains top spot as biggest foreign holder of US Treasury securities. The government now says that China did not lose its place in December as the largest foreign holder of U.S. Treasury debt.
Get ready: Interest rate hikes bring good and bad
Feb 26, 2010 11:32 EST
Bonds away: Coming rate hikes likely to be bad for bonds but may help investors in other ways. The rate hikes are coming! The rate hikes are coming!
Money fund assets fell to $3.166T in latest week
Feb 25, 2010 20:36 EST
Money fund assets fell by $1.63 billion to $3.166 trillion in latest week. Total money market mutual fund assets fell by $1.63 billion to $3.166 trillion for the week, the Investment Company Institute said Thursday.
Fed emergency loans to banks decline
Feb 25, 2010 17:12 EST
Banks further reduce their borrowing from the Federal Reserve's emergency loan window. Banks borrowed less from the Federal Reserve's emergency lending program over the past week, another sign that strains on private credit markets are easing.
Disney enters 3-year, $2.25B credit agreement
Feb 25, 2010 15:57 EST
Disney Co. enters into new $2.25 billion credit agreement. The Walt Disney Co. said Thursday it entered into a new $2.25 billion three-year credit agreement with lenders, replacing a credit agreement that expired Monday.
Fidelity's 2009 profit rises 5 percent
Feb 25, 2010 13:13 EST
Fidelity Investments' 2009 profit rises 5 percent as fund performance improves. Fidelity Investments said Thursday its operating profit rose 5 percent last year, boosted in part by job cuts, as revenue continued to lag after two years of unusual volatility in financial markets.
Rates mixed at weekly Treasury auction
Feb 22, 2010 18:37 EST
Rates mixed at weekly Treasury auction with 3-month unchanged and 6-month higher. Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills unchanged while rates on six-month bills rose to their highest level since late last year.
Money fund assets fell to $3.161T in latest week
Feb 18, 2010 18:45 EST
Money fund assets fell by $37.65 billion to $3.161 trillion in latest week. Total money market mutual fund assets fell by $37.65 billion to $3.161 trillion for the week, the Investment Company Institute said Thursday.