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  • DOJ planning to sue Moody's over crisis-era mortgage bond ratings

    In the fallout from the financial crisis, many argued that the credit ratings agencies’ competition for business led to ratings shopping among bond issuers and relaxed ratings standards for the ratings agencies themselves. Last year, Standard & Poor's reached a $1.375 billion settlement over just such claims. And now the Department of Justice is taking aim at Moody's Investors Service. Click the headline to read more.

Investments The Ticker

Treasuries slip on housing data

Treasuries fell after a government report showed the country's housing market fared better in March than anticipated, bolstering investor appetite for riskier assets, The Wall Street Journal reports.

The benchmark 10-year Treasury notes were down 6/32 to yield 1.724% in recent trade. The 30-year-bond lost 21/32 to yield 2.914%.



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