07302016Sat
Last update: Sat, 30 Jul 2016 04am

Markets - Fixed Income

Markets - Fixed Income - Asia

JGB yields rise from record lows ahead of auction TOKYO: Japanese government bond prices firmed on Monday following solid gains in their U.S. counterparts late last week, with two-, five- and 20-year yields hitting record lows before the market gave up gains ahead of a 10-year JGB auction later this week.The 20-year JGB yield fell to as low as 0.035 percent , before stepping back to 0.045 percent, up 0.5 of a basis point from Friday.The five-year yield fell to a record low of minus 0.375 percent while the two-year yield dipped to minus 0.340 percent.The 10-year yield fell to minus 0.260 percent , matching a record low touched last week, before bouncing back to minus 0.255 percent ahead of Tuesday's 10-year JGB auction.The market was supported by a fall in U.S. Treasury yields on Friday, amid a worldwide scramble for bonds on expectations of weak global growth and more policy stimulus from major central banks. The 30-year U.S. ...

Markets - Fixed Income - Europe

Spain to issue bonds due 2021, 2024, 2025 and 2030 on Thursday MADRID: Spain plans to issue bonds due 2021, 2024, 2025 and 2030 at the next scheduled bond auction on Thursday, the Treasury said on Friday. The 2024 bond is inflation linked and is due November 30 of that year with a 1.8 percent coupon. The other bonds are due July 30, 2021, with a 0.75 percent coupon, July 30, 2025, with a 4.65 percent coupon and July 30, 2030, with a 1.95 percent coupon. The ...

Markets - Fixed Income - Europe

Greece to auction 1.25bn euros of 6-month T-bills on July 6 ATHENS: Greece will sell 1.25 billion euros ($1.39 billion) of six-month treasury bills on July 6 to refinance a maturing issue, debt agency PDMA said on Friday. Athens successfully rolled over six-month T-bills last month, with the paper priced to yield 2.97 percent. In a rollover, T-bill holders renew their positions instead of getting paid on the maturing paper they hold. The settlement date of the new bills will be July 8. Only primary dealers ...

Markets - Fixed Income - Europe

Euro zone yields slide, Spanish, Italian yields set for biggest weekly fall since 2012 LONDON: Borrowing costs across the euro zone sank to new lows on Friday, with yields in Spain, Italy and Ireland set for their biggest weekly fall in almost four years on rising expectations of central bank policy action following Brexit. Spain and Italy, where 10-year yields hit their lowest in more than a year, saw the most pronounced market moves amid talk about changes to the European Central Bank's asset purchase programme that could benefit ...

Markets - Fixed Income - Asia

China new home price increases slow in June BEIJING: The cost of Chinese new homes rose at a slower rate in June from the previous month, figures showed Friday, as measures to tame prices in the world's second-largest economy took hold.The average price for new houses in 100 major cities increased 1.32 percent month-on-month in June to 11,816 yuan ($1,776) per square metre, the China Index Academy (CIA) said in a statement, down from April's 1.7 percent."The effect of tightening policies in some ...

Markets - Fixed Income - Americas

US bond prices fall, poised for strong first half NEW YORK: US Treasury debt prices fell on Thursday as investors scaled back their safe-haven bond holdings and stock markets worldwide recouped more losses after their rout a week ago when Britain voted to leave the European Union.Even with two consecutive days of losses, the US government debt market is poised for a strong first half as investors have loaded up on low-risk government bonds due to global economic worries and negative yields in Europe ...

Markets - Fixed Income - Americas

US bonds hold losses after jobless claims data NEW YORK: US Treasury prices clung to earlier losses on Thursday as first-time filings on domestic jobless claims rose in line with forecast in the latest week, suggesting steady improvement in the labor market. Benchmark 10-year Treasury notes were down 7/32 in price with a yield of 1.502 percent, up more than 2 basis points from late on Wednesday. Copyright Reuters, 2016