06292016Wed
Last update: Wed, 29 Jun 2016 11pm

Markets - Fixed Income

Markets - Fixed Income - Europe

Bund yields fall as markets brace for month of big risk LONDON: Germany's 10-year bond yield fell on Wednesday, with demand for the safe-haven asset firm at the start of a month filled with big risk events such as a referendum in Britain on membership of the European Union.Market sensitivity to Brexit talk is increasing, with German and UK bond yields falling on Tuesday after two surveys by polling firm ICM showed British voters moving towards voting to leave the EU in the June 23 referendum."In the past week the stay camp had the lead in the polls but that appears to have changed, so risk aversion is back," Commerzbank strategist Rainer Guntermann said.Yields on German Bunds, considered to be among the safest assets in the world, fell a further 2 basis points on Wednesday to 0.13 percent -- closing in on Friday's 11-day low of 0.12 percent.Mixed U.S. economic data on Tuesday that dampened expectations for a near-time rise in ...

Markets - Fixed Income - Americas

US debt yields ease as equities fall NEW YORK: US Treasury debt yields slipped from multiweek highs on Tuesday, after US stocks fell following a mixed batch of economic data that dampened expectations for an interest rate increase by the Federal Reserve in June.Yields on US two-year notes, the maturity most sensitive to Fed rate expectations, fell from their strongest level in more than two months hit earlier in the session. The long-end of the curve also retreated, with yields on benchmark ...

Markets - Fixed Income - Asia

JGBs flat, underpinned by solid demand at 2-year sale TOKYO: Benchmark Japanese government bonds were flat on Tuesday, but the market was supported by month-end demand for superlong maturities as well as the solid outcome of a 2-year JGB auction.The benchmark 10-year yield was unchanged from the previous session at minus 0.120 percent, while June 10-year futures ended flat at 152.03.The Ministry of Finance offered 2.3 trillion yen ($20.69 billion) of 2-year JGBs with a 0.1 percent coupon.The notes sold at a lowest price ...

Markets - Fixed Income - Asia

Hong Kong home prices tick up in April but still down 5.6pc on-year HONG KONG: Hong Kong home prices edged up 0.5 percent in April, snapping a half year of monthly declines, but were still down 5.6 percent from a year earlier, data showed on Tuesday. Home prices rose to 258.8 on a government index in April, from 257.5 in March, according to the Hong Kong government's Rating and Valuation Department.Before April, the index had shown six consecutive months of declines in home prices in Hong Kong, one ...

Markets - Fixed Income - Europe

Euro zone bond yields up on Yellen rate-hike hint, upbeat data LONDON: Euro zone government bond yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a US interest rate rise in June or July and data pointed to a brighter outlook for Europe's economy. The Fed should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, the Fed chief said on Friday. St. Louis Fed President James Bullard ...

Markets - Fixed Income - Americas

US bond prices fall as Yellen hints at rate hike NEW YORK: US Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual US interest rate increases would be appropriate if the economy improves further and the labor market tightens. The yield spread between short- and long-dated Treasuries narrowed in reaction to Yellen's rate-hike comment as traders favored longer maturities over shorter ones in anticipation that the Fed may raise rates as early as June. "The market ...

Markets - Fixed Income - Europe

France to sell 8-9bn euros of bonds at auction next week PARIS: France will sell 8-9 billion euros ($8.9-$10.1 billion) of long-term bonds at a regular debt auction next week, the Agence France Tresor public debt management agency said on Friday. Among the bonds offered will be AFT's 2.25 percent OAT bond maturing May 2024, its 0.50 percent May 2026 line and its 3.25 percent May 2045 bond.Copyright Reuters, 2016