12072016Wed
Last update: Wed, 07 Dec 2016 05pm

Managed Funds

Business & Finance - Managed Funds

Euro zone bond yields fall after BOJ fires warning shot to markets LONDON: Euro zone government bond yields fell on Thursday, pulling away from multi-month highs after the Bank of Japan fired a warning shot to markets not to push borrowing costs too high following Donald Trump's unexpected win last week in the U.S. election.The BOJ offered on Thursday to buy unlimited bonds for the first time under a revamped policy framework and its governor, Haruhiko Kuroda, said the central bank would not stand idly by as Japanese government bond (JGB) yields jump in line with moves in U.S. Treasuries.The BOJ's decision serves notice to the markets that it is closely monitoring developments as it tries to keep borrowing costs low to spur stubbornly low inflation. In the euro zone, the European Central Bank also has a massive bond-buying programme in place to help spur growth and inflation."The BOJ's move shows that there is a bit more of an effort to cap ...

Business & Finance - Managed Funds

Mauritius 10-year Treasury bond yield falls to 5.04pc NAIROBI: The weighted average yield on Mauritius' 10-year Treasury bonds fell to 5.04 percent at auction on Wednesday from 5.16 percent at a previous auction in August, the central bank said.The Bank of Mauritius said the 1.4 billion rupee ($39 million) bonds with a coupon of 5.00 percent received bids worth 2.60 billion rupees. It accepted all 1.4 billion rupees offered.The bank also said it would auction a reopened three-year Treasury note worth a total ...

Business & Finance - Managed Funds

Euro zone government bond yields fall 3-6 bps as sell-off pauses LONDON: Euro zone government bond yields fell 3-6 basis points (bps) across the board, ending a six-week sell-off, at least for the time being.The yield on Germany's 10-year bond, the benchmark for the region, fell 4 bps by 0737 GMT to 0.30 percent.Italian government bonds, which bore the brunt of Monday's losses, were among the day's biggest gainers: the yield on Italy's 10-year bonds fell 5.5 bps to 1.97 percent. That is almost 20 bps ...

Business & Finance - Managed Funds

German yields hit highest since January as Trump-induced surge rumbles on LONDON: German government bond yields rose to their highest since January on Monday, extending their biggest weekly rise this year, as investors maintained the view that policies of U.S. President-elect Donald Trump will push up inflation.Ten-year German yields, the euro zone benchmark, rose 5 basis points to 0.36 percent, having jumped 18 bps last week after Trump's shock win.All other euro zone yields rose 3-6 basis points in early trading, most to multi-month highs, according ...

Business & Finance - Managed Funds

JGBs slip after Treasuries jolted by US inflation expectations TOKYO: Japanese government bonds slipped on Friday, taking their cue from tumbling US Treasuries on expectations that US President-elect Donald Trump could embark on economic policies that would stoke inflation. The benchmark 10-year JGB yield added 1.5 basis points (bps) to minus 0.035 percent. It earlier rose as high as minus 0.025 percent, its highest level since the Bank of Japan announced its current monetary policy on Sept. 21 to guide the 10-year yield around ...

Business & Finance - Managed Funds

UK gilts sag as investors see Trump victory heralding inflation LONDON: British government bond yields hit their highest level since June's Brexit vote on Thursday, swept along by inflation expectations after US President-elect Donald Trump's pledges to spend more and cut back on trade openness.The 10-year gilt yield peaked on Thursday at 1.382 percent, its highest level since June 23, the day Britons went to polls to vote to leave the European Union.It last stood at 1.35 percent, up 8 basis points on the day. ...

Business & Finance - Managed Funds

Average yields on Egypt's one year and six month treasury bills drop at auction CAIRO: The average yields on six month and one year treasury bills dropped significantly at an auction on Thursday, central bank data showed. The 182-day treasury bills dropped 18.469 percent from 19.521 percent in the previous auction and the yields for the 364-day treasury bills dropped to 18.903 percent from 20.519 percent in a similar auction. Copyright Reuters, 2016 ...