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Showing 11 - 16 of 16 results for "Fed Chairman Alan Greenspan"

US Federal Reserve holds key short-term rate at 1%

AAP  |  THURSDAY, 29 JAN 2004
... 45-year low today. Wrapping up a two-day meeting - the first regularly scheduled session of the year - Fed chairman Alan Greenspan and his colleagues left the federal funds rate unchanged at 1%. The funds rate, the interest that banks charge each other ...

Morning market wrap: US bonds continue sell-off

... US bond yields jumped sharply higher overnight, continuing the sell-off that began in earnest with Fed chairman Alan Greenspan's Congressional testimony last week. The yield on the benchmark 10-year government bond rose 21 basis points to 4.21%, and ...

Morning market wrap: US bonds crunched by Greenspan

US bond yields spiked higher after Fed chairman Alan Greenspan presented to Congress an upbeat view of US economic prospects over the balance of 2003 and for 2004. Reassurances the Fed would hold the funds rate low "for a considerable time" were ignored ...

Midday market wrap: Australian shares modestly higher

... fetching $US0.6550, down from $US0.6592 last night. The Australian bond market was also weaker, ahead of Fed Chairman Alan Greenspan's Congressional tomorrow morning local time. The yield on the benchmark 10-year bond was 5.105%, up from 5.01% at the ...

Morning market wrap: US shares make further gains

AAP  |  TUESDAY, 15 JUL 2003
... index rose 69.5 points (1.7%), ending the day at 4,127.6. In other markets, US bonds softened ahead of Fed Chairman Alan Greenspan's congressional testimony Tuesday US time. The 10-year Treasury was yielding 3.73% at the close, the highest level in over ...

Morning market wrap: US shares sharply lower

AAP  |  FRIDAY, 11 JUL 2003
... yields also edged lower, although investors were reluctant to push the bond market higher ahead of Fed Chairman Alan Greenspan's testimony to Congress next week. The yield on the benchmark 10-year bond fell 3 points to 3.66%. The US dollar soared to ...
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