07262016Tue
Last update: Tue, 26 Jul 2016 11pm

Markets - Fixed Income

Markets - Fixed Income - Asia

JGBs edge down as stocks rebound, surprised by primary dealer's pullout TOKYO: Japanese government bonds edged down on Wednesday, taking their cue from a rebound in equities, but trade was overshadowed by news that a primary dealer is set to quit in the latest reaction to the central bank's negative interest rate policy.Bank of Tokyo-Mitsubishi UFJ, the core banking unit of Mitsubishi UFJ Financial Group Inc, is expected to give up its role as one of the 22 primary dealers of Japanese government bonds as early as July, according to a source.A MUFG spokesman confirmed that the banking unit was considering the move but declined to comment further.Analysts said the move is not expected to have an immediate impact on the JGB market as the central bank is aggressively buying bonds as part of its monetary stimulus programme, but some market watchers said the long-term implications for demand were worrying."The MUFG news didn't have an real effect at all on today's ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

Markets - Fixed Income - Europe

Mauritius' 3-year bond yield dips to 3.36pc at auction PORT LOUIS: The weighted average yield on Mauritius' three-year bond fell to 3.36 percent at an auction on Tuesday from 3.48 percent at the last sale on May 19, the central bank said. The bank sold all the 2 billion rupees ($56.66 million) worth of the debt it had offered. It received bids worth a total 2.8 billion rupees at yields ranging from 3.20 percent to 4.0 percent.The bond has a coupon rate of 3.20 ...

Markets - Fixed Income - Europe

Turkish Treasury benchmark bond yield at 9.32pc in tap, below f'cast ISTANBUL: The Turkish Treasury sold a net 1.438 billion lira ($496 million) in a tap of a five-year benchmark bond on Tuesday at a compound yield of 9.32 percent, data showed, slightly below a Reuters poll forecast of 9.33 percent. Nominal bids for the bond, which matures on Feb. 17, 2021, amounted to 2.442 billion lira.Copyright Reuters, 2016

Markets - Fixed Income - Asia

Benchmark JGBs edge down, long ends firm after strong 30-year sale TOKYO: Japanese government bonds put in a mixed performance on Tuesday, with benchmark JGBs edging down slightly while the superlong zone firmed after strong demand at a 30-year JGB sale.The benchmark 10-year yield edged up half a basis point to minus 0.120 percent, while June 10-year futures ended nearly flat, down just 0.01 point at 152.16.Japan's Ministry of Finance offered 800 billion yen ($7.44 billion) of 30-year JGBs with a 0.30 percent coupon.The lowest accepted ...

Markets - Fixed Income - Americas

Yields end day higher as Yellen sees rate hikes NEW YORK: US Treasuries reversed some price declines but still ended weaker on Monday after Federal Reserve Chair Janet Yellen said a strengthening economy means that interest rate increases are likely on the way, while also acknowledging Friday's disappointing employment report."Positive economic forces have outweighed the negative" for the United States now that risks from earlier this year have diminished, Yellen said.In her public comments, the last by any US central banker before next week's ...