06262016Sun
Last update: Sun, 26 Jun 2016 04am

Markets - Fixed Income

Markets - Fixed Income - Asia

JGBs gain as yen surge after US jobs shock hits Tokyo stocks TOKYO: Japanese government bond prices rose across the board on Monday as a surge in the yen following Friday's much weaker-than-expected U.S. nonfarm payrolls data hit Tokyo stocks.A fall in U.S. Treasury yields in wake of the disappointing jobs report also supported JGBs.The five-year JGB yield fell a basis point to minus 0.240 percent. The benchmark 10-year yield fell 2 basis points to minus 0.125 percent and the 30-year yield declined 1.5 basis points to 0.295 percent.Caution ahead of Federal Reserve Chair Janet Yellen's speech later in the session limited the fall in JGB yields.Tokyo's Nikkei stooped to a four-week low at one point on Monday.Data released on Friday showed U.S. nonfarm payrolls increased by only 38,000 last month, the smallest gain since September 2010. Copyright Reuters, 2016

Markets - Fixed Income - Middle East & Africa

Kenya to sell two-year, 15-yr T-bonds worth 30bn shillings in June NAIROBI: Kenya will sell two-year and 15 year Treasury bonds worth up to 30 billion shillings ($297.32 million) this month to support the budget, the central bank said on Sunday. The bank said it will receive bids for the bonds between June 5 and June 14, and auction it on June 15. Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGBs little changed ahead of US jobs report TOKYO: Japanese government bond prices were little changed on Friday as investors awaited US non-farm payrolls later in the day for more clues on the timing of Federal Reserve increase rate hikes. The five-year yield and benchmark 10-year yield were flat at minus 0.225 percent and minus 0.100 percent, respectively.The Bank of Japan bought more than a trillion yen of one- to 10-year JGBs in a regular debt buying operation, helping to offset some of ...

Markets - Fixed Income - Americas

US debt yields drop on oil, jobs data uncertainty NEW YORK: US Treasury debt yields fell across the board on Thursday, undermined by worries about OPEC failing to agree on oil output, concerns over Britain's future in the EU, and overall uncertainty ahead of Friday's US non-farm payrolls report. Yields, which move inversely to prices, slid to two-week lows on 10-year notes and 30-year bonds. Thursday's OPEC meeting ended with no new policy or ceiling amid resistance from Iran, although Saudi Arabia vowed not ...

Markets - Fixed Income - Europe

ECB's tepid inflation forecast pushes Bund yields to 3-week low LONDON: German 10-year bond yields fell to a three-week low on Thursday as the European Central Bank only tentatively upgraded its forecast for future inflation, just as oil prices skirted away from $50 a barrel. The ECB nudged up its inflation forecast for 2016 but predicted price growth would remain below target through 2018 as it struggles with cheap energy feeding into the price of other goods and services.It raised its 2016 inflation projection to ...

Markets - Fixed Income - Middle East & Africa

South Africa's rand firms as US data soothes risk aversion JOHANNESBURG: South Africa's rand firmed for a third consecutive session against the dollar on Thursday as global investors became less adverse to risk after U.S. data cooled expectations of an interest rate hike by the Federal Reserve.By 0650 GMT that rand had gained 0.29 percent to 15.5585 per dollar, pushing past technical resistance around 15.6500 and opening the door for further gains before Friday's ratings decision by Standard & Poor's.Data on Wednesday showed that U.S. ...

Markets - Fixed Income - Asia

JGBs mostly edge down but underpinned by 10-year sale TOKYO: Strong demand at an auction of 10-year Japanese government bonds supported the market on Thursday, though gains in most tenors evaporated as investors locked in gains.The Ministry of Finance offered 2.4 trillion yen ($22.00 billion) of 10-year JGBs with a 0.1 percent coupon.The notes sold at a low of 101.94, and drew bids of 4.11 times the amount offered, the highest in nearly two years and well above the previous sale's bid-to-cover ratio of ...