NEW YORK Venezuela is more likely to default on its sovereign bonds than on those of state-run oil company PDVSA given how essential the latter's cash flow is to the country's fortunes, bondholders and legal experts have said.
NEW YORK, Dec 7 U.S. Treasury yields were little
changed on Thursday, shrugging off a report on U.S. unemployment
as investors held off on major moves ahead of the all-important
nonfarm payrolls report expected Friday.
A meeting of Venezuelan bondholders on Thursday to discuss how to handle the government's request to restructure $60 billion in outstanding bonds has yielded no clear strategy, sources with direct knowledge of the meeting told Reuters on Friday.
NEW YORK, Dec 1 U.S. Treasury yields fell on
Friday as the likelihood of a wide-ranging tax cut passing the
U.S. Senate seemed more in doubt as Senate Republicans grappled
with bringing down the cost of the bill.
NEW YORK In their hunt for yield, some investors have been venturing into offerings as exotic as Tajikistan's sovereign bond or Iraq's first sovereign debt sale without U.S. backing in more than a decade only to find out that even those are pricey and hard to get.
NEW YORK The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone's recovery and lost appetite for the greenback.
NEW YORK The dollar fell on Wednesday to its lowest level since October against a basket of major currencies, marking its worst one-day performance in five months.
NEW YORK The dollar turned broadly lower on Tuesday, moving in line with declining U.S. 10-year Treasury yields and retracing gains from Monday in light trading ahead of Thursday's Thanksgiving holiday in the United States.
NEW YORK The dollar touched its highest against a basket of major currencies in nearly a week on Monday as the euro weakened on political risks linked to German Chancellor Angela Merkel's failure to form a three-way coalition government.
NEW YORK The U.S. dollar touched its highest against a basket of major currencies in nearly a week on Monday, as the euro weakened amid political risks linked to German Chancellor Angela Merkel's failure to form a three-way coalition government.