10012016Sat
Last update: Sat, 01 Oct 2016 12pm

Managed Funds

Business & Finance - Managed Funds

JGBs sag on lacklustre BOJ operation outcome, weaker Treasuries TOKYO: Japanese government bond prices slipped across the board on Monday, with lacklustre results for the Bank of Japan's regular debt-buying operation and a retreat by Treasuries weighing on the market.The benchmark 10-year JGB yield was up 1 basis point at minus 0.065 percent and the 30-year yield rose 3 basis points to 0.375 percent.Yields rose after the BOJ's offer to buy 320 billion yen ($3.13 billion) of 10-year to 25-year JGBs indicated relatively strong investor selling pressure.U.S. Treasury prices fell, with yields rose to more than one-month highs on Friday as investors considered whether the Federal Reserve is likely to raise interest rates at its September meeting, after hawkish but noncommittal comments by Federal Reserve Chair Janet Yellen. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Prices gain before highly anticipated speech by Fed's Yellen NEW YORK: US Treasuries prices gained on Friday as investors waited on a speech by Federal Reserve Chair Janet Yellen for any new indications on when the US central bank will next raise interest rates.Investors are looking for new signals over whether the US central bank is likely to hike rates this year, and if an increase is on the table at the Fed's September meeting after other Fed officials including New York Fed President ...

Business & Finance - Managed Funds

Atlanta Fed pares US Q3 GDP growth view to 3.4pc NEW YORK: The US economy is on track to grow at a 3.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday following a report of a steeper-than-expected 3.2 percent drop in home resales in July. The latest third-quarter GDP estimate was lower than the 3.6 percent figure calculated on Aug. 16, the Atlanta Fed said on its website. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Croatia to offer 400mn HRK, 5mn EUR in T-bills next week ZAGREB: Croatia will offer 400 million kuna ($60.26 million) and five million euros ($5.64 million) worth of one-year treasury bills at two separate auctions on Aug. 30, the Finance Ministry said on Thursday.This week the sale of treasury bills surpassed target with yields inching down.The ministry also occasionally offers three-month and six-month bills.The benchmark overnight rate on the local money market was quoted at 0.55 percent on Thursday and the one-year rate at 1.30 percent. ...

Business & Finance - Managed Funds

Portuguese yields retreat from 1-month highs as bank deal brings respite LONDON: Portugal's borrowing costs pulled away from one-month highs on Thursday after an agreement on the recapitalisation of ailing state-owned bank CGD eased worries about the health of the country's banking sector. The European Commission and Portugal on Wednesday agreed in principle to the recapitalisation, on market terms, of Caixa Geral de Depositos, envisaging an injection of up to 2.7 billion euros ($3 billion) in state funds and nearly as much in debt and equity. ...

Business & Finance - Managed Funds

Yields rise after durable goods orders rebound NEW YORK: US Treasuries yields rose on Thursday after data showed new orders for US manufactured capital goods increased in July for the second straight month and as investors awaited a speech by Federal Reserve Chair Janet Yellen on Friday.The Commerce Department said on Thursday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased 1.6 percent last month.A 10.5 percent jump in demand for transportation equipment lifted overall ...

Business & Finance - Managed Funds

Yields on Kenyan Treasuries rise in auction NAIROBI: The weighted average yield on Kenya's 364-day Treasury bill rose to 11.982 percent in auction on Wednesday from 11.865 percent last week, the central bank said. The yield of the six-month bill also headed higher to 11.182 percent from 11.020 at last week's sale. The bank raised a combined 13.26 billion shillings ($130.83 million) from the sale of both bills, against a target of 12 billion shillings. Next week, the bank will sell Treasury ...