The U.S. is pressing Iraq’s leaders to form a new government quickly in a bid to halt the nation’s slide into civil war, seeking to achieve in weeks a political agreement that took eight months in 2010.
Iraqi Prime Minister Nouri al- Maliki’s Shiite Muslim coalition won a majority in national elections and is set to stay in government in OPEC’s No. 2 oil producer, according to a lawmaker from the alliance.
Treasury 30-year bonds rose, with yields falling to the lowest level since June, as speculation of increased monetary accommodation in Europe added to pressure on traders betting on higher U.S. interest rates.
Andrew Brenner, the former head of emerging markets and special situations at Guggenheim Capital Markets LLC, has joined National Alliance Securities’ capital markets group as head of international fixed income.
Two Shiite Muslim-led groups in Iraq that merged this month to create the biggest bloc of seats in parliament have agreed on their candidate for prime minister, according to a senior member, Ali al-Dabbagh .