NEW YORK, May 22 - The yield on benchmark U.S. 10-year Treasuries rose on Wednesday to its highest level in 10 weeks as a remark from Federal Reserve Chairman Ben Bernanke stoked worries about the central bank reducing its bond purchases later this year.
MEXICO CITY, May 22 - Creditors of struggling Mexican homebuilder Homex could seek accelerated payment of the company's debt after Homex missed payments on derivative positions, according to a filing on Wednesday.
WASHINGTON, May 22 - U.S. Defense Secretary Chuck Hagel will ask the private sector to develop software to track troops' health records, part of an ambitious plan to create a system that is fully integrated with the one used by the nation's military veterans, a U.S. official told Reuters on Wednesday.
LONDON, May 22 - German Bunds climbed on Wednesday after U.S. Federal Reserve Chairman Ben Bernanke signalled that the central bank's bond purchases would stay intact though he left the door open for a gradual reduction.
BOSTON, May 22 - U.S. money manager T. Rowe Price Group Inc on Wednesday said it plans to launch 11 new target-date funds that will put less emphasis on stocks before retirement and more on bonds.
May 22 - Cogeco Cable Inc on Wednesday sold C$300 million ($291 million) of 10-year notes, according to a term sheet seen by Reuters.
BRUSSELS, May 22 - Spain's Prime Minister Mariano Rajoy on Wednesday said the country's banks may have to raise capital on the financial markets to meet higher provisioning requirements.
WASHINGTON, May 22 - Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. BERNANKE ON WHETHER HE WOULD SERVE A THIRD TERM: "I am not prepared to answer that question now." BERNANKE ON POLICY'S IMPACT ON HIGH MARKET LEVELS: Currently high market levels "may be because the market thinks that monetary policy is creating more
May 22 - Pfizer Inc said on Wednesday it will spin off its majority stake in animal health business Zoetis Inc to shareholders by allowing them to swap Pfizer stock for Zoetis shares at a 7 percent discount.
No related dividends are currently scheduled within the next 7 days.