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JGBs edge up, BoJ buying helps longer-dated maturities TOKYO: Japanese government bond prices edged up on Friday, lifted by slipping Tokyo shares and overnight gains in US Treasuries. A regular operation by the Bank of Japan, through which large amounts of government debt is purchased for its monetary easing programme, also supported longer-dated JGBs. The BoJ said on Friday it is buying 160 billion yen($1.36 billion) of JGBs with maturities of 25 years or longer. The 30-year yield went as low as 1.355 percent, a trough not seen since April 2013. Amply supported by the BoJ's debt purchases, longer-dated JGB yields have declined steadily this week despite the possibility of Japan raising the issuance of 30- and 40-year bonds. The benchmark 10-year yield dipped half a basis point to 0.460 percent. Tokyo's Nikkei skidded 0.9 percent as selling ahead of a long weekend and signs of short-term overheating offset a boost from a solid Wall Street performance. Copyright ...

Treasuries prices advance after weak China, euro zone data NEW YORK: US Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe.Global stocks fell as a result, with risk appetite diminishing and pushing yields in safe-haven German bunds and U.S. Treasuries to the day's lows.Data showing increased underlying U.S. inflation pressures last month and lower initial weekly jobless claims helped yields edge higher. But pessimistic data out ...
Yields rise as markets brace for Fed minutes NEW YORK: US Treasury debt yields rose on Wednesday ahead of the release of minutes from the latest Federal Reserve meeting, which investors believed would show a central bank optimistic about the U.S. economy and ready to raise interest rates next year.Treasuries were also pressured by the expected new issuance of Alibaba Group Holding's $8 billion corporate bond deal, traders said. Asset managers are selling Treasuries to make way for the Alibaba deal.For now though, ...
JGBs extend gains after BoJ holds steady TOKYO: Japanese government bonds extended gains on Wednesday after the Bank of Japan held policy steady as expected and kept to its overall upbeat economic view - even with news this week that the economy had slipped into recession. The BoJ said Japan's economy "continues to recover moderately as a trend" and voted to continue its purchases of government bonds and risky assets, maintaining its pledge of increasing base money, or cash and deposits at ...
Treasuries prices inch higher after tame core US producer prices NEW YORK: US Treasury debt prices edged higher in choppy trading on Tuesday after a core inflation measure showed just a tepid rise in prices last month, which suggested the Federal Reserve could take its time raising interest rates.Yields, which move inversely to prices, were much lower following the release of the stronger-than-expected U.S. producer prices data but edged up from their troughs, indicating a market lacking any strong conviction trade.German Bund yields hovering near ...
Turkey's 2-year benchmark bond yield falls below 8pc, year low ISTANBUL: Turkey's benchmark bond yield fell below 8 percent on Tuesday, its lowest in a year, as markets started to price in easing from the Turkish central bank in the coming period with a lower inflation outlook for next year. The 2-year government bond yield fell to 7.99 percent from 8.08 percent on Monday. The central bank said last month that elevated food prices are delaying the improvement in the inflation outlook, yet falling commodity, ...
JGBs slump, extend losses after poor 20-year auction TOKYO: Japanese government bond prices fell on Tuesday, extending losses after an auction of 20-year bonds drew tepid bids despite a recent increase in the amount of buying by the Bank of Japan in the sector. The 20-year JGB auction produced the tail, or the gap between the lowest and average prices, of 0.41, much wider than 0.08 in the previous auction. The bid-to-cover ratio also fell to 2.88 from 3.59. The poor results hit ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln