02102016Wed
Last update: Wed, 10 Feb 2016 11am

Managed Funds

Business & Finance - Managed Funds

Bond prices rise as stocks fall on global growth worries NEW YORK: US Treasuries prices rose on Tuesday as investors concerned about slowing global growth continued to shun stocks, adding interest in safe-haven U.S. government debt.Yields on U.S. Treasuries fell on investor caution about the likelihood of a global economic slowdown. The yield on the 5-year note fell to 1.1 percent during morning trading, its lowest since July 2013."There's a broad array of factors driving investors into Treasuries from fear about European banks, worries about financial market contagion and the possibility that you have financial weakness leading to perhaps a full-blown recession," said Gennadiy Goldberg, interest rate strategist at TD Securities in New York.Overnight, Treasury prices rose sharply, with the yield on the 10-year note falling to 1.690 percent, its lowest in a year, while the yield on the 30-year bond fell to 2.514 percent, its lowest since April.Price gains were briefly trimmed on Tuesday by an equity rebound driven ...

Business & Finance - Managed Funds

Euro zone bonds recover as inflation expectations hit record low LONDON: Southern European bond yields pulled back from multi-month highs on Tuesday as market expectations of euro zone inflation hit a record low, putting the onus back on the need for further European Central easing. The five-year, five-year breakeven forward, cited by the ECB as one of its favoured gauges of inflation expectations, fell as low as 1.4740 percent. The measure which shows where markets see 2026 inflation forecasts in 2021, is far below the ...

Business & Finance - Managed Funds

Bond prices rally on falling stocks, global growth worries NEW YORK: US Treasury prices rose on Monday, with the yield on the 10-year note reaching a one-year low, as falling stocks and renewed concerns about slowing global growth increased investor appetite for safe-haven government debt.Treasury yields slid as U.S. stocks fell sharply on dropping oil prices and news that Chesapeake Energy Corp is hiring restructuring lawyers. The Treasuries rally was also fueled by falling European stocks."Weakness in global equities is adding pressure on Treasuries," ...

Business & Finance - Managed Funds

South African bonds weaken in broader risk aversion JOHANNESBURG: South African bond yields rose on Monday, ending a recent rally as new data over the weekend showed China's foreign reserves fell, adding to worries over the growth of the world's second largest economy. Th benchmark paper due in 2026 added 10 points to 9.270 by 1117 GMT. Market analyst Ricardo Da Camara at ETM Analytics said government bonds were tracking the rand currency after it gave up its gains due to a risk ...

Business & Finance - Managed Funds

JGBs mostly higher, 10-year yield edges near zero TOKYO: Japanese government bond prices soared on Friday, with the benchmark 10-year yield edging near zero percent after Japanese share prices plunged on a rise in the yen, undermining any benefits from the Bank of Japan's negative interest rates. The 10-year yield fell 3.0 basis points to 0.025 percent. The five-year yield fell 3.5 basis points to minus 0.185 percent while the two-year yield fell to as low as minus 0.200 percent. All of those ...

Business & Finance - Managed Funds

Bonds steady, Friday's jobs report in focus NEW YORK: US Treasuries were steady on Thursday as data showed weaker U.S. growth, with investors focused on an employment report on Friday for further signs about economic momentum.The number of Americans filing for unemployment benefits rose more than expected last week, suggesting some loss of momentum in the labor market amid a sharp economic slowdown and stock market selloff.Signs of creeping employment weakness were also flagged by a separate report showing a 218 percent ...

Business & Finance - Managed Funds

Norway's $810bn wealth fund to question companies on human rights OSLO: Norway's $810-billion sovereign wealth fund, the world's largest, said on Thursday it would raise its focus on global human rights to ensure that companies it invests in follow ethical standards."We're publishing our expectations for how companies manage human rights," the fund said in a statement. "Norges Bank Investment Management, as a financial investor, expects companies to respect human rights, and address human rights issues in their business practices." The fund's ethical rules prevent it ...