This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Bonds Rebound, Nat Gas Slides: Market Bits


NEW YORK ( TheStreet) -- U.S. Treasury bonds were reversing earlier losses after a key Federal Reserve policy maker reaffirmed the central bank's intention to follow through on stimulus plans, despite more signs that the economy has recovered.

The two-year note firmed 1/32, with the yield falling to 0.821%. The ten-year note was ticking 0/32 higher, with the yield pushed down to 3.468% and the 30-year bond increased 3/32, lowering the yield to 4.505%.

The Federal Reserve Bank of New York President, William C. Dudley, told the press, during a visit to San Juan, Puerto Rico, that the central bank still plans follow through with its $600 billion treasury-buying program.

Dudley said the program, expected to conclude at the end of June, was still necessary because of the shaky economic recovery. The policy maker spoke after a strong jobs report was published Friday.






Natural gas futures tumbled Friday on milder weather.

Natural gas for May delivery fell 2% to $4.30 per million British thermal units, breaking a two-day winning streak.

"The heat that was in the West finally plods over to the East Coast by next Thursday, breaking up the cold snap in all but the northernmost parts of New England," a Gelber Natural Gas report stated.

Natural gas players were mostly heading higher Friday afternoon.

Devon Energy (DVN - Get Report) gained 0.7% to $92.38, Newfield Exploration (NFX - Get Report) added 0.3% to $76.22, Cheniere Energy Partners, L.P. (CQP - Get Report) ticked up 0.2% to $19.12, Cheniere Energy, Inc. (LNG - Get Report) fell 0.1% to $9.30 and EOG Resources (EOG - Get Report) increased 0.3% to $118.89.

Meanwhile, Kinder Morgan Energy Partners LP (KMP) was flat at $74.12 and BP (BP - Get Report) was spiking 3.9% to $45.86.0

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
KMP $102.03 1.98%
BP $41.74 0.00%
CQP $30.90 0.00%
DVN $61.25 0.00%
EOG $90.37 0.00%

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs