BRIEF-Pinnacle announces pricing of offering of common stock
* Pinnacle Financial- Priced its offering of 2.8 million shares of its common stock at a price of $62.50 per share for aggregate gross proceeds of $175 million
NEW YORK Jan 4 U.S. Treasury debt yields drifted lower on Wednesday after the minutes of the last Federal Reserve monetary policy meeting struck a more uncertain tone than the market expected.
The minutes of the Dec. 13-14 meeting showed many were considering faster interest rate increases as the economy could grow at a quicker pace because of fiscal stimulus under President-elect Donald Trump's administration.
At the same time, the minutes also spelled out the downside risks which could limit economic growth such as trade barriers and the dollar's rise.
In mid-afternoon trading, the U.S. 10-year note was flat in price to yield 2.451 percent, compared with 2.454 percent late on Tuesday.
U.S. 30-year bond prices were up 1/32, yielding 3.048 percent, down from Tuesday's 3.05 percent.
Both U.S. 10-year note and 30-year bond yields touched session lows after the release of the Fed minutes.
U.S. two-year note prices were flat, yielding 1.230 percent . The yield was at 1.234 percent before the Fed minutes. (Reporting by Gertrude Chavez-Dreyfuss; Editing by Alan Crosby)
WASHINGTON, Jan 23 U.S. President Donald Trump's administration has drawn heavily from the energy industry lobby and pro-drilling think tanks to build its landing team for the Environmental Protection Agency, according to a list of the newly introduced 10-member team seen by Reuters on Monday.
* Says new credit agreement consists of a $35.0 million, three-year revolving line of credit