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paff
04/12/2008 20:11
Dec. 4 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke urged using more taxpayer funds for new efforts to prevent home foreclosures, saying the private sector is incapable of coping with the crisis on its own.
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record encore
03/12/2008 17:59
Credit-default swaps on the Markit CDX North America Investment Grade Index of 125 companies in the U.S. and Canada climbed 8 basis points to 267 basis points as of 10:10 a.m. in New York, according to Barclays Capital. The index is at the highest since Nov. 20, when it traded at a record 284 basis points, prices from broker Phoenix Partners Group show.
Contracts on the Markit iTraxx Crossover Index of 50 companies with mostly sub-investment grade credit ratings increased 65 basis points to 1,005 and earlier reached a record 1,010, JPMorgan Chase & Co. prices show. The index traded above 1,000 basis points for the first time, a level investors consider distressed.
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oups
03/12/2008 17:56
The Labor Department’s November jobs report may show payrolls fell by 330,000, the biggest drop in 26 years, according to a Bloomberg News survey of economists.
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tbonds
03/12/2008 17:54
10-year Treasury yields were at 2.75 percent, after they reached 2.65 percent two days ago, the lowest level since daily records began in 1962.
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PFFF CA CONTINUE
03/12/2008 14:48
ADP Says U.S. Companies Cut 250,000 Jobs in November
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