Buying Bonds News

CIT Buying Back $4 Billion of Bonds in Quest for Investment-Grade Ratings

CIT Group Inc. plans to redeem almostall of the $4 billion of debt tied to its exit from bankruptcyas the small-business lender led by John Thain seeks a return toinvestment-grade credit ratings. CIT will ...

US trader holds $2.5bn in Irish government bonds

CALIFORNIA-BASED investment manager Franklin Templeton Investments has built up a significant position in Irish government bonds.

UK fund managers are back buying 'safer' Italian bonds

British fund managers have started buying Italian bonds again, after European Central Bank moves to make investment less risky.

BlackRock: Buy Stocks! No, Wait! Buy Bonds!

BlackRock chieftan Larry Fink made headlines overnight by saying investors should forget about bonds and instead be backing up the truck and buying stocks. But it doesnt seem like his top lieutenants got the memo.

TREASURIES-Bonds slip before 10-year note sale

* Traders await Greek reform vote for bailout * Benchmark yields climb to highest in 2 weeks * Good demand seen for new 10-year issue at 2 percent * Fed to hold one bond purchase, one note sale (Updates ...