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Markets - Fixed Income

Markets - Fixed Income - Europe

UK gilt yields fall to six-week low in thin pre-Christmas trade LONDON: British government bond yields hit a six-week low on Friday in thin trade before Christmas holidays, shrugging off stronger-than expected British growth data and instead taking their lead from signs of progress in Italy's banking troubles.Ten-year gilt yields dropped as much as 4 basis points on the day to 1.333 percent at 1210 GMT, a level last seen on Nov. 10 when yields were climbing rapidly due to inflation worries after Donald Trump's US election victory.Five-year, 20-year and 30-year yields showed similar moves.Italian 10-year bond yields were also down 4 basis points on the day, as Monte dei Paschi said it would request aid from a newly-approved state fund to help struggling banks.The request from the world's oldest bank came after a private rescue was hampered by political turmoil caused by a referendum this month that led to the resignation of former Prime Minister Matteo Renzi.With other Italian lenders ...

Markets - Fixed Income - Asia

JGBs mostly flat, superlongs step back after recent gains TOKYO: Japanese government bond prices were largely unchanged on Thursday but superlong bonds eased slightly in late trade on unwinding of recent buys after the Bank of Japan's move to support those maturities last week.The JGB issue plan for the fiscal year beginning next April announced by the Ministry of Finance was mostly in line with market expectations and did not produced any reaction, market players said.The benchmark 10-year JGB yield was flat at 0.055 ...

Markets - Fixed Income - Middle East & Africa

Uganda's 91-day Treasury bill yield edges down KAMPALA: The yield on Uganda's benchmark 91-day Treasury bills edged down at an auction on Wednesday where a total of 160 billion shillings ($44.94 million) worth of debt was on offer, the central bank said.The rate on the 91-day Treasury bill declined to 14.000 percent, from 14.118 percent at the previous sale on Nov. 25. Copyright Reuters, 2016

Markets - Fixed Income - Europe

Spanish bond yields hit 5-week low as dangerous cocktail brews in Italy LONDON: Spanish government bond yields hit five-week lows on Wednesday as investors shifted money out of similiarly rated Italian debt where bank bailouts and political uncertainty have created what ING strategists called a "dangerous cocktail". The gap between yields on Spanish and Italian 10-year debt nudged back above 50 basis points (bps), a level last breached in the days after a failed constitutional reform vote triggered the resignation of Italian prime minister Matteo Renzi.While Renzi ...

Markets - Fixed Income - Asia

JGBs firm in thin trade ahead of holidays, underpinned by BOJ TOKYO: Japanese government bond prices edged higher in thin trading on Wednesday, as investors wound down for the upcoming holidays.The benchmark 10-year yield fell 0.5 basis point (bp) to 0.060 percent, while 10-year JGB futures finished up 0.08 point at 149.81.In the superlong zone, the 20-year JGB yield fell 1 bp to 0.555 percent, while the 30-year JGB yield shed 0.5 bp to 0.660 percent,Underpinning JGBs, Bank of Japan Governor Haruhiko Kuroda on Tuesday quashed ...

Markets - Fixed Income - Asia

JGBs edge up after BOJ keeps policy rates steady TOKYO: The prices of Japanese government bond ticked up on Tuesday after the Bank of Japan kept its policy steady, a move that appears to set it apart from the other central banks that are scaling back stimulus.The BOJ maintained its twin targets of minus 0.10 percent interest on some excess reserves and the zero percent 10-year government bond yield.Although such an outcome was widely expected, there was speculation that the BOJ could indicate it ...

Markets - Fixed Income - Americas

Yields ease on short covering, before holidays NEW YORK: US Treasury yields eased from multi-year highs on Monday as investors evaluated how many times the US Federal Reserve is likely to raise interest rates next year and covered some short positions ahead of year-end.Since Donald Trump's surprise election as US President last month, yields have jumped as investors bet that new stimulus will increase growth and inflation.The Federal Reserve's economic and interest rate outlook at its meeting last Wednesday was also viewed ...