Showing posts with label Alan Greenspan. Show all posts
Showing posts with label Alan Greenspan. Show all posts

Sunday, June 17, 2007

U.S. Treasury Notes May Decline; Deutsche, Lehman Drop Calls for Rate Cut

(Bloomberg) -- U.S. 10-year notes may fall after
signs of growth in the economy made Deutsche Bank AG and Lehman
Brothers Holdings Inc. drop forecasts for the Federal Reserve to
cut interest rates this year.

The firms announced their changes at the end of last week,
following an increase in 10-year yields to their highest in five
years. Yields, which move in the opposite direction as prices,
climbed as former Fed Chairman Alan Greenspan predicted they may
rise further.


Read more at Bloomberg Bonds News

Saturday, June 16, 2007

Polish Bonds Fall for Second Week on Speculation Interest Rates Will Rise

(Bloomberg) -- Polish government bonds fell for a
second week on speculation the central bank may raise interest
rates to curb inflation.

Benchmark five- and 10-year bond yields hit nine-month highs
this week as faster-than-expected consumer price inflation put
pressure on the central bank to raise borrowing costs. Polish
bonds fell after former Federal Reserve Chairman Alan Greenspan
said mid-week that he expects an increase in U.S. yields and
greater premiums on emerging-market debt.


Read more at Bloomberg Emerging Markets News