Top Interest Rate Headlines 12-28-2011: Fed Seeks To Curb Repo Market Risk

Fed seeks to curb repo market risk
FT.com
http://jlne.ws/vePyDJ

More Year-End Buying Sets 10-Year Record Low
The Bond Buyer
So much for a slow week between Christmas and New Year’s.
http://jlne.ws/uSiRXs

BRIC Decade Ends as Growth Peaked: Goldman
Bloomberg
In the past decade, mutual funds poured almost $70 billion into Brazil, Russia, India and China, stocks more than quadrupled gains in the Standard & Poor’s 500 Index and the economies grew four times faster than America’s.
http://jlne.ws/vUZAZX

China eclipses US as top IPO venue
FT.com
http://jlne.ws/uba5ak

Holiday online spending jumps 15%: ComScore
MarketWatch
Retail e-commmerce spending for the November-December holiday period jumped 15% to $35.3 billion, tracking service ComScore said Wednesday. And for the most recent week, ended Dec. 25, it was up 16% year-over-year to $2.8 billion.
http://jlne.ws/tGPXLS

Whistleblower Records Shed Light On BNYMellon Case
Huffington Post
Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank.
http://jlne.ws/vlLXO8

Strong demand at Italian debt sale
Reuters
The euro grabbed support from strong investor demand at an Italian debt sale on Wednesday but the currency's gains against the dollar were limited in thin trade pending an auction of longer-dated bonds.
http://jlne.ws/rSfGVU

Carlyle Creating a Second Fund to Invest in Financial Firms
American Banker
The Carlyle Group, a powerhouse private-equity firm that has been aggressively acquiring stakes in ailing banks, is looking to raise additional funds to invest in troubled and capital-starved financial institutions.
http://jlne.ws/t90N4p

Deposits at ECB Hit High
WSJ.com
The amount of money parked by euro-zone banks at the European Central Bank surged to another new record Tuesday, as banks used the ECB's latest vast liquidity injection to build up reserves rather than take on new risks.
http://jlne.ws/vBF4gF

Obama's unforced Fed error
CNN Money
President Obama yesterday announced plans to nominate Jerome Powell to the Federal Reserve's board of governors. Somewhere in Iowa, Mitt Romney was cheering.
http://jlne.ws/u02QAI