02132016Sat
Last update: Sat, 13 Feb 2016 05am

Markets - Fixed Income

Markets - Fixed Income - Asia

JGBs flat, fail to sustain early gains on soft US data TOKYO: Japanese government bond prices were mostly flat on Wednesday as initial buying following soft US manufacturing data lost steam, with many investors unwilling to chase the market higher near record levels.Ten-year JGB futures ended flat at 148.56. They had risen earlier to 148.66, near a record high of 148.67 touched in January. A closely-watched gauge of US manufacturing showed the sector contracted for the first time in three years.The yield on the cash 10-year bonds was flat at 0.320 percent.The longer end of the yield curve underperformed, ahead of auctions of long-dated bonds on Thursday and next Tuesday.The 20-year yield rose 0.5 basis point to 1.065 percent. The 30-year yield rose 1.5 basis points to 1.390 percent.Copyright Reuters, 2015

Markets - Fixed Income - Europe

UK gilt yields hit one-month low after weak US factory data LONDON: British government bond yields fell on Tuesday to their lowest level in over a month after a survey showed U.S. manufacturing contracted at the fastest pace since 2009, giving some investors pause for thought about a widely expected U.S. rate hike this month.Britain also received strong demand at a syndicated sale of British inflation-linked bonds.Gilt prices, which are sensitive to U.S. market moves, shot lower along with those for U.S. Treasuries after the closely ...

Markets - Fixed Income - Europe

Russia FinMin to offer 14.2bn roubles of OFZ bonds on Weds MOSCOW: Russia's Finance Ministry said on Tuesday it would offer 14.2 billion roubles ($213.2 million) worth of OFZ treasury bonds at two auctions on Wednesday. The ministry said it would offer 7.2 billion roubles of fixed-coupon OFZs maturing in February 2027 and 7 billion roubles of floating-coupon OFZs maturing in January 2020. Copyright Reuters, 2015

Markets - Fixed Income - Europe

Italy head of debt says bail-in rules may encourage buys of govt bonds ROME: So called 'bail-in' rules that impose losses on bank shareholders and bondholders if a lender needs to be rescued may promote purchases of Italian government bonds, the head of public debt said, as they make debt issues by banks more risky. Maria Cannata, head of debt at Italy's Treasury, said the new rules, which enter into force from January, could encourage investors to buy "slightly longer dated" government bonds. Copyright Reuters, 2015

Markets - Fixed Income - Europe

Russia has smooth foreign debt repayment schedule until 2019 MOSCOW: Russia has passed the peak of its foreign debt repayments and has a smooth foreign debt repayment schedule until 2019, Sergei Moiseev, the head of the Russian central bank's financial stability department, said on Monday. Copyright Reuters, 2015

Markets - Fixed Income - Americas

US bond prices firm as world stock markets drop NEW YORK: US Treasuries prices edged up on Friday and benchmark yields hovered at their lowest levels in over three weeks as global stock market losses stoked demand for lower-risk government debt.Bond prices initially rose on a steep sell-off in Chinese equities after Reuters reported Chinese stock regulators widened their probe of brokerages to include the country's fourth-largest securities firm. The Shanghai Composite Index dropped 5.5 percent for its largest single-day loss since late August, ...

Markets - Fixed Income - Europe

Prospect of dual ECB deposit charges sends short-term rates to new lows LONDON: Short-term euro zone interest rates fell to record lows on Thursday as markets interpreted a European Central Bank debate about two-tier deposit rates as signalling an aggressive cut was on the cards.Overnight bank-to-bank Eonia lending rates dated for the ECB's Dec. 3 meeting fell below minus 0.28 percent, reflecting expectations the bank could cut the deposit rate to as low as minus 0.35 percent, from the current minus 0.20 percent.But the Eonia pricing could ...