02072016Sun
Last update: Sun, 07 Feb 2016 03pm

Managed Funds

Business & Finance - Managed Funds

Yields rise as US stocks rebound NEW YORK: US Treasury debt yields rose on Thursday, reversing their earlier fall in a generally thin market, bolstered by gains in the stock market as investors awaited a crucial Federal Reserve meeting next week.Investors sold Treasuries pretty much across the board, pushing yields higher. Analysts said selling was notable in the so-called "belly of the curve," or the U.S. 5-7-year notes."The belly is selling off and that's a function of risk assets finding a bid, but big picture, it's still just noise ahead of the Fed meeting next week," said Ian Lyngen, senior government bond strategist, at CRT Capital in Stamford, Connecticut.Oil remained lower on Thursday and for the first time this week, that did not seem to matter, as Treasury investors looked to other factors such as the rally in stocks.In late trading, U.S. 10-year notes fell 7/32 in price to yield 2.235 percent, up from Wednesday's 2.224 ...

Business & Finance - Managed Funds

Long-dated yields inch lower as oil price drops NEW YORK: US long-dated Treasury debt yields edged lower on Thursday in thin trading, weighed by a slump in oil prices, which suggested that inflation would remain benign.A rise in weekly U.S. jobless claims added to pressure on yields, with both benchmark 10-year note and 30-year bond yields dipping to session lows.Yields on the short-end, on the other hand, were little changed to slightly higher on the day, supported by expectations of an impending interest ...

Business & Finance - Managed Funds

Canada's top 10 pension funds tripled in size since 2003 TORONTO: Canada's biggest 10 public pension funds now manage assets worth more than C$1.1 trillion ($812 billion), having tripled in size since 2003, according to a study published by the Boston Consulting Group on Thursday. The funds have expanded rapidly in recent years, pursuing a strategy of directly investing in assets globally with an emphasis on real estate and infrastructure projects such as bridges, tunnels and roads.Some pension experts say this approach has helped them ...

Business & Finance - Managed Funds

Prices rise on safety bid as oil, stocks slide NEW YORK: US Treasury debt prices rose on Wednesday in thin volume, as a fall in oil prices and on the stock market prompted investors to seek safe-haven government bonds.Benchmark 10-year yields, which move inversely to prices, fell to session lows below 2.2 percent, well off the day's peaks. U.S. 30-year bond yields were slightly higher on the day, but remained below a key 3.0 percent level.Yields were also lower on the front end of ...

Business & Finance - Managed Funds

Greece sells 2.9bn euros of T-bills, yields steady ATHENS: Greece sold 2.925 billion euros ($3.20 billion) of six-month and three-month T-bills to refinance maturing debt, the country's debt agency said on Wednesday. It raised 1.625 billion euros from the new six-month securities at a yield of 2.97 percent and a bid-to-cover ratio of 1.30, unchanged compared to the previous sale. The amount raised included 375 million euros in non-competitive bids. Greece also sold 1.3 billion euros of three-month bills at a yield of ...

Business & Finance - Managed Funds

Yields inch higher in choppy trading as oil slides NEW YORK: US Treasury debt yields edged higher on Tuesday in choppy trading after falling the previous two sessions, but sentiment remained cautious with the continued drop in oil prices, suggesting inflation would remain subdued.On Monday, investors had sought Treasuries as a safety play given the plunge in oil prices.U.S. 30-year bond yields, which move inversely to prices, recovered a bit but remained below the key 3.0 percent level. Benchmark 10-year yields, on the other ...

Business & Finance - Managed Funds

Belgium plans to raise less debt in 2016 BRUSSELS: Belgium plans to sell fewer medium- and long-term bonds in 2016, the debt agency said on Tuesday, as it has less debt to mature and a lower government deficit. Belgium said it had overall borrowing requirements of 38.9 billion euros ($42.0 billion), down from the 40.1 billion for 2015 and it would finance 33.5 billion through the sale of so-called OLOs, medium- and long-term bonds. Aided by a string of new bonds sold by ...