Indian gold, silver trade lower; physical demand poor
2013-06-17 10:13:56 GMT : (Markets - Fixed Income/Asia)
MUMBAI: Indian gold and silver futures traded slightly lower on Monday, still consolidating in recent price ranges, with the physical market witnessing subdued demand in a seasonally slow period after a series of government measures to contain imports.At 0942 GMT, the actively traded gold for August delivery on the Multi Commodity Exchange (MCX) was 0.34 percent lower at 27,783 rupees per 10 grams...
JGBs slip as stocks erase early losses; 20-year sale eyed
2013-06-17 04:51:37 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bonds began the week on shakier footing on Monday, with the benchmark yield edging higher as stocks rose and investors positioned for this week's 20-year sale.The 10-year yield added 3 basis points to 0.845 percent after rising as high as 0.855 percent. It remained in its recent trading range of 0.80 to 0.90 percent, well shy of a 13-month high of one percent hit on ...
JGBs rise after strong five-year debt auction
2013-06-14 07:24:44 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bond prices rose on Friday after a better-than-expected five-year debt auction, despite improving investors' risk appetite with Tokyo's Nikkei average rebounding from a more than 6 percent slide in the previous session.The 2.7 trillion yen ($29 billion) of five-year bonds sold by Japan's Ministry of Finance attracted a bid-to-cover of 4.36, up from 3.39 in th...
Bonds firm on view Fed exit from stimulus may take time
2013-06-14 05:27:22 GMT : (Markets - Fixed Income/Asia)
TOKYO: US Treasuries were firm in Asia on Friday as traders took the view that any end to the Fed's bond buying programme will be gradual and that no rates hikes were imminent.A report in The Wall Street Journal that an adjustment in the Fed's bond-buying program did not mean that the US central bank would end "all at once" or that the Fed was "anywhere near raising short-term interest rat...
US 10-year yield edges up, but down from 14 month high
2013-06-12 07:04:44 GMT : (Markets - Fixed Income/Asia)
SINGAPORE: The US 10-year Treasury yield edged higher on Wednesday but stayed below a 14-month high as the market stabilised somewhat after the recent jump in yields lured some buyers back into the bond market.Ten-year notes slipped 3/32 in price to yield roughly 2.201 percent. The 10-year yield rose 1 basis point on the day but was well below Tuesday's high of 2.293 percent, the highest level...
US 10-year notes hold firm ahead of jobs data
2013-06-07 06:06:46 GMT : (Markets - Fixed Income/Asia)
SINGAPORE: US 10-year Treasuries held firm in Asia on Friday before the release of jobs data which could shed light on whether the Federal Reserve will soon scale back its aggressive monetary stimulus.Ten-year notes rose 4/32 in price to yield 2.064 percent . The 10-year yield was down 1 basis point on the day, but remained above Thursday's intraday low of 1.999 percent.The United States proba...
China finance ministry to auction 15bn yuan 9-month bills
2013-06-06 05:44:59 GMT : (Markets - Fixed Income/Asia)
SHANGHAI: China's Ministry of Finance said on Thursday that it will auction 15 billion yuan ($2.5 billion) in nine-month government bills on June 14.After the auction, the bills will be issued from June 17 to 19 and begin secondary market trading on June 21, it said in a statement published on the ministry's website.Copyright Reuters, 2013
Indian bonds gain on RBI debt buy plan; FII limit hike likely
2013-06-04 12:14:39 GMT : (Markets - Fixed Income/Asia)
MUMBAI: Indian federal bonds rose on Tuesday, buoyed by the central bank's resumption of debt purchases after nearly a month and the possibility of the government allowing foreigners to own more local bonds.The Reserve Bank of India said it will buy up to 70 billion rupees of bonds via open market operations on Friday, its first such purchase after May 7.Dealers said the bonds the RBI has offe...
US 10-year notes stay wobbly after May selloff
2013-06-03 05:26:04 GMT : (Markets - Fixed Income/Asia)
SINGAPORE: US 10-year Treasuries fell on Monday, with investors cautious after last month's sharp selloff, which was sparked by worries that the Federal Reserve might slow its bond purchases later this year.Ten-year Treasuries fell 5/32 in price to yield 2.149 percent.The 10-year yield edged up about 2 basis points from late US trade on Friday and was not very far from a 13-month high of 2.235...
JGBs jump as Nikkei suffers another big loss, strong 2-year auction
2013-05-30 08:22:47 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bond prices gained on Thursday, as investors piled back into the debt market after another big fall in Tokyo stocks and a relatively strong auction of two-year JGBs.The two-year bond yield hit a 1 1/2-year high on market positioning ahead of an auction of 2.9 trillion yen ($28.6 billion) two-year JGBs, though the yield fell back after auction results turned out to be str...
South Korea to sell 6.9 trillion won T-bonds in June
2013-05-30 08:01:55 GMT : (Markets - Fixed Income/Asia)
SEOUL: South Korea plans to sell 6.9 trillion won ($6.09 billion) worth of treasury bonds through auctions in June, slightly more than 6.85 trillion won worth planned for May, the finance ministry said on Thursday.Copyright Reuters, 2013
US bond yields steady in Asia below 13-month highs
2013-05-30 07:47:09 GMT : (Markets - Fixed Income/Asia)
TOKYO: US Treasuries steadied in Asian trade on Thursday, staying below 13-month highs touched in the previous session, after solid demand at a five-year sale offset concerns that an improving economy will prompt the Federal Reserve to begin tapering its monetary stimulus.The US central bank now buys about $85 billion in assets every month, and Fed Chairman Ben Bernanke said last week the central ...
South Korean bonds fall sharply, led by foreign selloff
2013-05-29 07:11:50 GMT : (Markets - Fixed Income/Asia)
SEOUL: South Korean government bond prices fell sharply on Wednesday led by foreign investors' heavy sales, with the yield on the benchmark 10-year debt rising to its highest closing level in more than three months.The yield on the 10-year treasury bonds rose by 10 basis points to end at 3.04 percent, the highest close since Feb. 20.Lead June futures on 3-year treasury bonds fell by 0.36 point...
US bond prices slip ahead of this week's debt sales
2013-05-28 06:10:17 GMT : (Markets - Fixed Income/Asia)
TOKYO: US Treasuries slipped in Asian trade on Tuesday as equities firmed, ahead of this week's sales of $99 billion in new coupon-bearing debtThe Treasury will sell $35 billion in two-year notes on Tuesday. It will offer $35 billion in five-year notes on Wednesday and then $29 billion seven-year notes on Thursday.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent,...
HSBC sells first yuan bonds in Singapore, Stan Chart to follow
2013-05-27 09:16:14 GMT : (Markets - Fixed Income/Asia)
SINGAPORE: British bank HSBC sold 500 million yuan ($81.54 million) worth of two-year notes in Singapore on Monday, launching the first dim sum bond in the city state since yuan-clearing became available there.China has been relaxing controls on the yuan, officially referred to as the renminbi or RMB outside the country, in order to gradually increase the use of its currency abroad.Industrial and ...
JGBs firm, with demand buoyed by weaker stock prices
2013-05-27 06:06:30 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bonds began the week on a firmer footing on Monday, as a continued drop in stock prices supported demand for bonds.With US and UK markets both closed for holidays on Monday and the benchmark yield well off a 13-month high touched last week, the JGB market was relatively calm on Monday, in contrast to volatile sessions in recent weeks.JGB trading has been turbulent since ...
JGBs slip as stocks take back some lost ground
2013-05-24 06:05:03 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bond prices fell on Friday as stocks clawed back some of their steep losses in the previous session, though the benchmark yield remained well shy of the one percent threshold touched a day before.The yield on the 10-year cash bonds added 4.5 basis points to 0.875 percent after rising as high as 0.905 percent earlier. On Thursday, it rose as high as one percent for the fi...
JGB yields surge, markets spooked by Bernanke remarks
2013-05-23 05:02:32 GMT : (Markets - Fixed Income/Asia)
SINGAPORE: Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally after Federal Reserve Chairman Ben Bernanke's remarks sparked worries of a reduction in US monetary stimulus.Bernanke's comments, suggesting the Fed's massive bond purchases could be scaled back in the next few policy meetings if the economy improve...
JGBs end flat, erase gains on BoJ disappointment
2013-05-22 06:58:19 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bonds ended almost flat on Wednesday, erasing early gains on disappointment the Bank of Japan did not act to calm jitters rooted in the bond's market rout over the past six weeks.The 10-year yield stood near a one-year high hit a week ago and the market is seen as vulnerable as the BoJ's massive easing keeps pushing Japanese share prices higher and weakening the ...
JGBs recover ground, bargain-hunters emerge after big sell-off
2013-05-15 05:50:08 GMT : (Markets - Fixed Income/Asia)
TOKYO: Japanese government bond prices erased earlier losses and turned positive on the day on Wednesday after their three-day sell-off prompted bargain-hunting by investors.The 10-year JGB futures price was up 0.13 point on the day at 142.24, having recovered from low of 142.36 while the yield on the current 10-year bonds fell to 0.845 percent from a one-year high of 0.920 percent.Copyright Reute...