02062016Sat
Last update: Sat, 06 Feb 2016 03am

Markets - Fixed Income

Markets - Fixed Income - Middle East & Africa

Kenya 91-day Treasury bill yield jumps to 11.398pc in auction NAIROBI: The weighted average yield on Kenya's 91-day Treasury bill rose to 11.398 percent at auction on Thursday, the central bank said. The bank accepted bids worth 2.78 billion shillings ($27.20 million), rejecting the bulk of the bids which totalled 7.62 billion shillings, a subscription rate of 190.51 percent. Copyright Reuters, 2016

Markets - Fixed Income - Americas

Yields little changed on potential for hawkish Fed NEW YORK: Safe-haven US Treasury yields were little changed on Thursday, with traders cautious about pushing yields below multi-week lows touched in early trading, amid continued potential for an aggressive path of Federal Reserve interest rate hikes this year. Benchmark 10-year Treasury yields hit 2.119 percent in early trading to mark their lowest level in 10 weeks, but later drifted higher. All other yields on Treasuries maturing between 2-30 years hit over three-week lows in ...

Markets - Fixed Income - Europe

German yields fall as investors flee China stock market rout LONDON: German bond yields fell to their lowest levels in over a month on Thursday as investors cowering from a global stock rout stemming from China sought refuge in the top-rated debt. For the second time this week, Chinese shares tanked more than 7 percent, triggering a circuit breaker and sending panic across markets. German bonds, seen as a safe haven in times of stress, benefited, with 10-year yields falling 2 basis points to 0.49 ...

Markets - Fixed Income - Europe

German Bund yields hit lowest since ECB's latest easing LONDON: Yields on German 10-year Bunds fell on Wednesday to their lowest levels since the European Central Bank (ECB) eased monetary policy in December.Long-term inflation expectations, which hit three-month lows following Tuesday's below-forecast euro zone consumer prices data, were a major factor behind the move.The euro five-year, five-year breakeven forward, which shows where markets expect 2026 inflation forecasts to be in 2021, has lost almost 20 basis points since hitting a high last month.This is ...

Markets - Fixed Income - Europe

German Bund yields at lowest since ECB's Dec 3 easing meeting LONDON: Yields on German 10-year Bunds fell below 0.50 percent on Wednesday for the first time since the European Central Bank eased monetary policy last month.Long-term inflation expectations were a major factor, hitting three-month lows after below-forecast euro zone consumer prices data.Despite the ECB cutting interest rates deeper into negative territory and extending its bond-buying programme on Dec. 3, the euro five-year, five-year breakeven forward has lost almost 20 basis points since last month's high. ...

Markets - Fixed Income - Asia

Islamic sukuk dive over Malaysia, low oil price: S&P DUBAI: The value of Islamic sukuk bonds dropped sharply last year after Malaysia stopped issuing them and as oil prices continued their fall, the Standard & Poor's rating agency said Wednesday.The trend is expected to continue in 2016 as the main countries using the Islamic form of debt, especially in the Gulf, are switching to conventional bonds, an S&P report said.It said sukuk worth $63.5 billion (59 billion euros) were issued in 2015 compared with ...

Markets - Fixed Income - Asia

Japanese government bonds  gain, 5 and 10 year yield hits 1 year low on risk reduction TOKYO: Japanese government bonds edged up on Wednesday, with the five and 10 year yields hitting a one year low, as soft economic news from China and North Korea's nuclear test prompted investors to rush to low-risk assets. The yield on the current 10-year JGBs dropped 0.5 basis point to 0.250 percent, hitting a one-year low of 0.245 percent at one point. The five-year bonds were traded at 0.025 percent .The yield fell below 0.03 ...