02142016Sun
Last update: Sun, 14 Feb 2016 05pm

Managed Funds

Business & Finance - Managed Funds

JGBs slip on profit taking, yields pull away from record lows TOKYO: Japanese government bond prices slipped on Friday as profit taking emerged after a volatile week that saw debt yields sink to record lows. The benchmark 10-year JGB yield was up 6 basis points at 0.065 percent. The 10-year yield had dropped to an all-time low of minus 0.035 percent earlier in the week as global flight-to-quality added to the downward pressure exerted from the Bank of Japan's negative interest rate policy. Bond yields had declined steadily after the BoJ adopted negative rates on Jan. 29. Mediocre demand at Friday's liquidity-enhancing auction, under which the Ministry of Finance sells existing JGB issues to the market, also helped cool sentiment. But underscoring the powerful gravitational pull under the BOJ's super easy monetary policy, the five-year yield remained firmly below zero. The five-year yield was last up 6 basis points at minus 0.165 percent after hitting a record low of minus 0.265 ...

Business & Finance - Managed Funds

Bond yields sink as investors doubt another rate hike this year NEW YORK: US Treasury prices rose sharply on Thursday, with long-dated yields plunging to record lows as worries over global economic growth and the effectiveness of central bank policy fueled demand for safe haven assets.With stock prices down, oil prices falling towards 12-year lows hit last month, and European bank stocks slumping to new multi-year lows, investors increasingly supported the view that the Federal Reserve will not raise interest rates again this year.Prices of fed ...

Business & Finance - Managed Funds

South Korean bond yields hit record lows amid global woes SEOUL: South Korean government bond prices rallied across the board on Thursday as concerns about the health of the world economy drove global stocks lower and boosted the safe-haven appeal of the top-rated bonds.Yields fell across the curve to record-low closing levels, while those on the 1- and 3-year treasury bonds fell further below the central bank's 7-day policy interest rate as investors saw increasing chances of a rate cut.The 1-year yield shed 4.6 basis ...

Business & Finance - Managed Funds

US 10-year yield falls to 1.625pc, lowest in almost 3 years LONDON: The yield on 10-year US Treasury bonds fell to its lowest in almost three years on Thursday and the comparable UK yield fell to an all-time low, as worries over global growth and the effectiveness of central bank policy sparked huge demand for safe-haven assets. The 10-year US yield fell to 1.6250 percent, the lowest since May 2013, and the 10-year UK gilt yield fell as low as 1.313 percent. As the turmoil sweeping ...

Business & Finance - Managed Funds

UK 10-year gilt yields hit record low as investors flee to bonds LONDON: British 10-year gilt yields dived to a record low on Thursday, driven down by demand for low-risk government bonds as escalating concerns about the global economy sent stock markets slumping again. US Federal Reserve Chair Janet Yellen said on Wednesday that the Fed was likely to stick to its plan to raise interest rates further this year, but investors nonetheless homed in on her comments about risks around the global economy. The 10-year gilt ...

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 ...

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 ...