When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
Interest from direct U.S. Treasury obligations is generally exempt from state and local income taxes. Read more here.
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Eurozone government bond yields edged higher in opening trade after an unexpected jump in German manufacturing orders in December and ahead of significant Spanish and French bond issuance.
Treasury yields rose ahead of U.S. housing and consumer confidence indicators.