05262016Thu
Last update: Thu, 26 May 2016 03am

Markets - Fixed Income

Markets - Fixed Income - Europe

German factory slump sends Bund yield near one-year low LONDON: German 10-year Bund yields fell below 0.10 percent for the first time in almost a year on Tuesday as the biggest fall in the country's factory orders in six months suggested a global slowdown was leaving its mark.The unexpectedly poor data, accompanied by a downward revision to euro zone business growth, keeps the onus on central bank easing at a time when yields are also being pushed lower by the European Central Bank's ramped-up bond purchase programme.Strategists said a fall in oil prices to one-month low on an unexpected U.S. demand drop was also weighing on inflation, pushing down yields already under pressure from the data that showed weaker foreign demand for German goods."The data signals weaker export growth, softer demand both within the euro zone and (further) abroad and thus suggesting that the ECB's challenge as regards boosting inflation and inflation expectations is and will remain very much ...

Markets - Fixed Income - Americas

US Treasury yields fall as weak data supports slow Fed NEW YORK: US Treasury yields fell on Monday, with benchmark yields posting one-month lows as doubts about the durability of the US economic expansion supported views the Federal Reserve may slow the pace of interest rate hikes. A 1.7 percent drop in factory orders in February rekindled worries about weakness in the manufacturing sector, while a Fed barometer on the labor market showed further deterioration in March in contrast with the continued strength seen in ...

Markets - Fixed Income - Europe

Ramped-up ECB QE brings German 10-year yields closer to zero LONDON: German 10-year Bund yields fell closer to zero on Monday as ramped-up bond purchases by the European Central Bank offset investor appetite for riskier assets following solid U.S. data.The ECB expanded its quantitative easing programme by a third to 80 billion euros from April. Much of the additional buying is expected to be targeted at government bonds in the short term as plans to include corporate bonds in the scheme take effect later this ...

Markets - Fixed Income - Asia

Taiwan sells 20-year govt bonds at 1.36pc yield TAIPEI: Taiwan auctioned T$30 billion ($923 million) in 20-year government bonds at a yield of 1.36 percent, the central bank said on Friday, at the lower end of forecasts in a Reuters poll for a yield of between 1.36 percent and 1.40 percent. Copyright Reuters, 2016

Markets - Fixed Income - Asia

China finance ministry sells 3-month bills at 1.9738pc SHANGHAI: China's Ministry of Finance auctioned 10 billion yuan ($1.6 billion) of three-month bills in the interbank market on Friday at an average yield of 1.9738 percent, traders said. The auction yield came in below Thursday's benchmark secondary market yield of 2.0187 percent for three-month government bills. Copyright Reuters, 2016

Markets - Fixed Income - Americas

Longer-dated US bond prices rise on month-end buying NEW YORK: Longer-dated US Treasury prices rose modestly on Thursday as fund managers added these debt maturities to match the expected month-end changes of benchmark indexes tracked by their portfolios.Shorter-dated US Treasury yields posted fresh one-month lows on the view that the Federal Reserve would raise interest rates gradually following dovish comments from Fed Chair Janet Yellen earlier this week.Longer-dated Treasuries gave up some earlier gains after the Chicago Purchasing Management Index came in at ...

Markets - Fixed Income - Europe

German bond yields set for biggest quarterly fall in 4-1/2 years LONDON: Europe's benchmark German government bond yields were set on Thursday for their biggest quarterly fall in 4-1/2 years, with fresh rounds of central bank monetary easing and concerns about the global economy driving demand for the top-rated debt.With scant signs of any uptick in growth or inflation reversing the trend any time soon, many analysts expect German bonds to keep performing, hastened by the ECB buying up a large share of euro zone government ...