Bonds
Short Term Rates
| Prime | 5.00 |
| Discount | 2.25 |
| Fed Funds | 2.00 |
| 1 Month Libor | 2.48 |
| 3 Month Libor | 2.69 |
US Treasury Rates
| Rate | Price | Yield | Maturity Date |
|---|---|---|---|
| 3 Month | 1.81 | 1.83 | 13 Aug 2008 |
| 6 Month | 1.85 | 1.88 | 12 Nov 2008 |
| 2 Year | 99.27 | 2.49 | 29 Apr 2010 |
| 5 Year | 99.81 | 3.16 | 29 Apr 2013 |
| 10 Year | 100.03 | 3.87 | 14 May 2018 |
| 30 Year | 96.52 | 4.59 | 14 Feb 2038 |
UPDATE 1-Fed's Lockhart sees hope that inflation slowing
WASHINGTON, May 16 (Reuters) - U.S. inflation is too high but may be slowing and the economy is suffering a "pronounced and serious downturn", Federal Reserve Bank of Atlanta President Dennis Lockhart said on Friday. Full Article
EIB plans to sell $3 bln 3-year bond -lead
LONDON, May 16 (Reuters) - The European Investment Bank [EIB.UL] plans to sell a $3 billion three-year bond, an official at one of the banks managing the sale said on Friday. Full Article
KKR hires Lazard exec to boost infrastructure biz
NEW YORK, May 16 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co [KKR.UL] said on Friday it hired Lazard banker George Bilicic to lead a team that will focus on investing in infrastructure assets worldwide. Full Article
GLOBAL MARKETS-World stocks power to 4-month peak
LONDON, May 16 (Reuters) - World stocks powered to a fresh four-month peak on Friday, driven by technology and oil shares, while diverging growth outlooks between the United States and elsewhere weighed on the dollar. Full Article
US STOCKS-Futures boosted by energy companies, Nordstrom
NEW YORK, May 16 (Reuters) - U.S. stock index futures rose on Friday, after upscale department store chain Nordstrom Inc reported earnings that topped Wall Street estimates and higher oil prices boosted energy companies. Full Article
FACTBOX-Global interest rates in 2008
LONDON, May 16 (Reuters) - Denmark's central bank raised its key one-week interest rate by 10 basis points on May 16 to 4.35 percent from 4.25 percent. As a result, the average rate set by 11 leading central banks -- the five that decide monetary policy for the G7 nations plus six other major banks -- rose to 4.26 percent from 4.25 percent. Full Article
U.S. futures signal upbeat start; Yahoo rallies
LONDON, May 16 (Reuters) - U.S. stock index futures edged up on Friday, suggesting a positive start to trade on Wall Street ahead of data on housing and consumer sentiment. Full Article
SMFG posts big rebound, forecasts modest growth
TOKYO (Reuters) - Sumitomo Mitsui Financial Group reported a threefold increase in fourth-quarter profit, rebounding from massive losses at its consumer finance unit a year earlier, and it forecast modest growth ahead. Full Article
SMFG says lost $889 mln on subprime in 2007/08
TOKYO, May 16 (Reuters) - Sumitomo Mitsui Financial Group , Japan's third-largest lender, said on Friday it lost 93 billion yen ($889 million) on investments related to subprime mortgages in the year to March 2008. Full Article
SMFG posts rise in profit, forecasts modest growth
TOKYO (Reuters) - Sumitomo Mitsui Financial Group reported a 5 percent rise in annual profit as bond sales helped offset subprime losses, and it forecast modest growth this year. Full Article
