The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate...

Portugal raised 1.250 billion euros ($1.7 billion) with short term bonds on Wednesday, but had to pay an increased rate of 5.2 percent on six-month debt, sources in the debt market said.The debt management agency raised one billion ...

NEW YORK (Reuters) - Raymond James Financial Inc agreed to buy back $300 million of auction-rate securities and pay a $1.75 million fine to settle federal and state probes accusing the brokerage, one of the nation's largest, of misleading customers about ...

WASHINGTON (Reuters) - A House of Representatives panel on Wednesday approved a bill designed to create a market for covered bonds, instruments that offer banks a way to raise money for new mortgages, while providing investors more options for highly rated securities.The ...

NEW YORK (Reuters) - Talk of an erroneous trade of U.S. government securities on its trading system early Tuesday are wrong, Tradeweb said.Earlier on Tuesday, U.S. government bond prices dropped suddenly, which led to speculation of an erroneous trade on ...

Morgan Stanley names Michael Kushma chief of fixed income investment strategiesMorgan Stanley's Investment Management unit on Monday named Michael Kushma to lead its fixed-income investment strategies.Kushma's title will be chief investment officer of global fixed income. He previously co-led ...

STRASBOURG, France (Reuters) - Turmoil on sovereign debt markets could still derail economic recovery in Europe, EU Economic and Monetary Affairs Commissioner Olli Rehn said on Wednesday."The turmoil in the sovereign debt markets has cast a serious shadow over financial stability in ...

<div id="subtitle">Prudential Financial's fixed income division names Flesaker to quantitative modeling post</div><div><p>Prudential Financial Inc.'s fixed income division named Bjorn Flesaker as managing director and head of quantitative modeling.</p><p>Flesaker will lead the ...

NEW YORK (Reuters) - Citigroup Inc said on Wednesday it has named Stuart Staley to replace the retiring head of global commodities, which the third largest U.S. bank aims to expand by 30 to 40 percent over the next three years.Staley ...

$975 million of Hawaii's investment portfolio tied up in frozen auction-rate securities marketHawaii is unwilling to access $975 million in its investment portfolio for fear of taking a $200 million loss.That's what state Finance Director Georgina Kawamura told state ...