08242016Wed
Last update: Wed, 24 Aug 2016 09am

Markets - Fixed Income

Markets - Fixed Income - Europe

France's 10-year bond yield hits record low, Spanish yields tumble LONDON: France's 10-year bond yield touched a fresh record low early on Wednesday amid expectations for further monetary stimulus to offset the negative impact of last week's Brexit vote on the euro zone economy. The French 10-year bond yield fell to as low as 0.235 percent.Southern European bond yields tumbled 4-5 basis points, with Spain's 10-year bond yield falling to 1.273 percent - its lowest level since April last year.Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGB 10-year yield hits fresh record low, others mixed TOKYO: Yields on Japan's benchmark 10-year government bonds (JGBs) briefly hit a fresh record low on Wednesday as investors looked to safer assets amid uncertainty about the global and financial fallout from Britain's vote to leave the European Union. The 10-year yield was down half a basis points to minus 0.235 percent by mid-afternoon, after earlier plumbing a record low of minus 0.240 percent.September 10-year futures ended up 0.09 point at 152.98 after earlier rising ...

Markets - Fixed Income - Asia

China sells 3-year yuan bonds at 2.9pc in Hong Kong HONG KONG: China sold 14 billion yuan ($2.1 billion) of yuan-denominated offshore bonds in Hong Kong on Wednesday, the eighth consecutive year the Ministry of Finance (MOF) has tapped the market to encourage its development. Bonds of various tenors were offered, among which the largest amount sold was 7 billion yuan of three-year bonds at 2.9 percent, according to the Hong Kong Monetary Authority.The five-year, seven-year, 10-year and 20-year tenors were priced at 3.25 percent, ...

Markets - Fixed Income - Europe

Spain's 10-year yields fall below Italy's, tightest spread since July 2015 LONDON: The yield on Spain's 10-year government bonds fell below its Italian counterpart for the first time in almost a year on Tuesday. Spanish bond yields, which posted their biggest one-day fall for two years on Monday on hopes of an end to political deadlock, fell a further 13 basis points on Tuesday to 1.33 percent.Italian 10-year yields fell 8 bps to 1.35 percent but the gap between those and Spanish peers was at its ...

Markets - Fixed Income - Americas

US bond prices hold losses after US GDP data NEW YORK: US Treasury prices held their earlier decline on Tuesday as the government's final reading on economic growth in the first quarter was revised up to 1.1 percent, within analyst forecasts but not strong enough for inflation to accelerate. Benchmark 10-year Treasury notes were last down 4/32 in price with a yield of 1.473 percent, up 1 basis point from late on Monday. The 10-year yield touched a near four-year low of 1.0406 percent ...

Markets - Fixed Income - Middle East & Africa

Nigeria to sell 94 bln naira in Treasury bills LAGOS: Nigeria plans to raise 94 billion naira ($330 million) in short-dated Treasury bills with 3-month to 1-year maturities on July 6, the central bank said on Tuesday. The bank said it will raise 19 billion naira of the 3-month debt, 25 billion of the 6-month and 50 billion of the 1-year. Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGBs yield curve flattens on Brexit, long yields hit record lows TOKYO: Long-dated Japanese government bond yields fell to record lows while shorter yields were flat to slightly higher on Monday, as Britain's decision to leave the European Union led to expectations of more global economic stagnation.The 20-year JGB yield fell 3.0 basis points to 0.080 percent , having fallen 83.5 basis points since the BOJ adopted negative rates in late January.The 30-year yield also fell to a record low of 0.110 percent, having fallen more ...