07302016Sat
Last update: Sat, 30 Jul 2016 08am

Markets - Fixed Income

Markets - Fixed Income - Middle East & Africa

Kenya to sell two-year, 15-yr T-bonds worth 30bn shillings in June NAIROBI: Kenya will sell two-year and 15 year Treasury bonds worth up to 30 billion shillings ($297.32 million) this month to support the budget, the central bank said on Sunday. The bank said it will receive bids for the bonds between June 5 and June 14, and auction it on June 15. Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGBs little changed ahead of US jobs report TOKYO: Japanese government bond prices were little changed on Friday as investors awaited US non-farm payrolls later in the day for more clues on the timing of Federal Reserve increase rate hikes. The five-year yield and benchmark 10-year yield were flat at minus 0.225 percent and minus 0.100 percent, respectively.The Bank of Japan bought more than a trillion yen of one- to 10-year JGBs in a regular debt buying operation, helping to offset some of ...

Markets - Fixed Income - Americas

US debt yields drop on oil, jobs data uncertainty NEW YORK: US Treasury debt yields fell across the board on Thursday, undermined by worries about OPEC failing to agree on oil output, concerns over Britain's future in the EU, and overall uncertainty ahead of Friday's US non-farm payrolls report. Yields, which move inversely to prices, slid to two-week lows on 10-year notes and 30-year bonds. Thursday's OPEC meeting ended with no new policy or ceiling amid resistance from Iran, although Saudi Arabia vowed not ...

Markets - Fixed Income - Europe

ECB's tepid inflation forecast pushes Bund yields to 3-week low LONDON: German 10-year bond yields fell to a three-week low on Thursday as the European Central Bank only tentatively upgraded its forecast for future inflation, just as oil prices skirted away from $50 a barrel. The ECB nudged up its inflation forecast for 2016 but predicted price growth would remain below target through 2018 as it struggles with cheap energy feeding into the price of other goods and services.It raised its 2016 inflation projection to ...

Markets - Fixed Income - Middle East & Africa

South Africa's rand firms as US data soothes risk aversion JOHANNESBURG: South Africa's rand firmed for a third consecutive session against the dollar on Thursday as global investors became less adverse to risk after U.S. data cooled expectations of an interest rate hike by the Federal Reserve.By 0650 GMT that rand had gained 0.29 percent to 15.5585 per dollar, pushing past technical resistance around 15.6500 and opening the door for further gains before Friday's ratings decision by Standard & Poor's.Data on Wednesday showed that U.S. ...

Markets - Fixed Income - Asia

JGBs mostly edge down but underpinned by 10-year sale TOKYO: Strong demand at an auction of 10-year Japanese government bonds supported the market on Thursday, though gains in most tenors evaporated as investors locked in gains.The Ministry of Finance offered 2.4 trillion yen ($22.00 billion) of 10-year JGBs with a 0.1 percent coupon.The notes sold at a low of 101.94, and drew bids of 4.11 times the amount offered, the highest in nearly two years and well above the previous sale's bid-to-cover ratio of ...

Markets - Fixed Income - Americas

US Treasury holds test on reporting large bond positions NEW YORK: The US Treasury Department on Wednesday asked for holders with large stakes in the most recently issued 10-year government note as of May 16 to provide information on their positions in a test of a rule change on reporting big positions in Treasuries. The rule amendment, which was published in December 2014 and went into effect in March 2015, was intended for the Treasury to understand the supply and demand dynamics behind particular ...