09262016Mon
Last update: Mon, 26 Sep 2016 08am

Markets - Fixed Income

Markets - Fixed Income - Europe

Four euro zone states to auction bonds next week LONDON: Belgium, Germany, France and Spain are the euro zone countries scheduled to sell bonds next week. Belgium will sell bonds maturing in 2026, 2031, 2038 and 2047 on Monday. Germany on Wednesday is scheduled to sell 5 billion euros of five-year bonds. On Thursday, France will auction up to 8.5 billion euros of medium-term bonds and inflation-linked bonds. Also on Thursday, Spain is set to issue bonds due in 2019, 2021 and 2046. Copyright Reuters, 2016

Markets - Fixed Income - Americas

US TIPS breakeven rates hold losses after CPI NEW YORK: The US bond market's gauge on investors' inflation expectations held its earlier decline on Friday as the 0.2 percent increase in the consumer price index in June fell short of analysts' forecasts. The yield difference between regular five-year Treasury notes and five-year Treasury Inflation Protected Securities narrowed by nearly 1 basis point to 1.45 percent, according to Tradeweb.Copyright Reuters, 2016

Markets - Fixed Income - Americas

JP Morgan announces new 10-year bond, Rabo brings sub NEW YORK: JP Morgan on Thursday announced a new 10-year benchmark US dollar bond, shortly after releasing strong second-quarter earnings that boosted US equity indexes. Sources told IFR that initial price thoughts on the self-led deal were heard in the range of US Treasuries plus 145bp-150bp, with proceeds to be used for general corporate purposes.The senior unsecured notes will be issued at the holding company level of JP Morgan (A3/A-), the largest US bank by ...

Markets - Fixed Income - Americas

Canada new housing prices grow at fastest pace in nearly 9 years OTTAWA: Canadian new home prices in May grew at their fastest pace in almost nine years, soaring 0.7 percent from April on strength in the booming markets of Toronto and Vancouver, Statistics Canada said on Thursday. Analysts polled by Reuters had predicted a 0.2 percent advance. May's increase was the largest since the 1.0 percent jump recorded in July 2007.The Liberal government is concerned about rapidly rising prices in Toronto and Vancouver and is mulling ...

Markets - Fixed Income - Americas

US TIPS breakeven rates hit post-Brexit highs NEW YORK: The US bond market's gauge on investors' inflation expectations rose on Thursday to its highest levels since Britain's vote to leave the European Union three weeks ago after stronger-than-expected data on US producer prices in June. The yield difference between regular 10-year Treasury notes and 10-year Treasury Inflation Protected Securities grew to 1.51 percent, up 4 basis points from Wednesday, according to Tradeweb.Copyright Reuters, 2016

Markets - Fixed Income - Europe

German 10-year Bund yield turns negative for first time at auction BERLIN: Germany's 10-year government bond yield turned negative for the first time at an auction on Wednesday, fetching the lowest average real yield at auction on record for such paper at -0.05 percent, the debt office said.The German Finance Agency, the federal government's debt management office, sold 4.038 billion euros ($4.47 billion) of its new 0.00 percent, 10-year Bund at the lowest price of 100.48 with a bid-to-cover ratio of 1.2."It's the first time that ...

Markets - Fixed Income - Europe

Henderson property fund manager puts London HQ of Coutts bank up for sale LONDON: The manager of fund firm Henderson Global Investors' frozen UK property fund has put the London headquarters of British private bank Coutts up for sale, a source familiar with the matter said on Tuesday. The Henderson 3.9 billion pound ($5.13 billion) UK PAIF Property and PAIF Feeder Fund is one of seven UK property funds that have suspended trading in order to control redemptions by retail investors following Britain's vote to leave the European ...