01192017Thu
Last update: Thu, 19 Jan 2017 01pm

Americas

Markets - Fixed Income - Americas

US yields fall ahead of 30-year bond sale NEW YORK: US Treasury debt yields declined on Thursday, with the 30-year yield hitting a two-month low in advance of $12 billion of 30-year bond supply, the final leg of this week's $56 billion in longer-dated government debt supply.The bond market continued to recover from a dramatic selloff following Donald Trump's surprise presidential win on Nov. 8.Benchmark Treasury yields have fallen from their highest levels in over two years reached in mid-December on renewed appetite for bonds and a lack of details on economic stimuli pledged by Trump during his campaign.Trump, in his first news conference since capturing the White House on Wednesday, did not disclose more on his plan for tax cuts, infrastructure spending and looser regulations. Still, he criticized the high pricing of drugs and defense equipment and promised to slap a border tax on companies that move jobs overseas.Traders had bet that Trump, with a Republican-controlled Congress, ...

Markets - Fixed Income - Americas

Yields fall on uncertain outlook under Trump, Fed minutes NEW YORK: US Treasury debt yields dropped broadly on Thursday, falling for a third straight session, as investors grew uncertain about the incoming Trump administration and waited for more clarity about its policies before taking more positions. Yields should rise, although for the next few weeks they likely will be range-bound as investors are in wait-and-see mode, said Justin Lederer, interest rate strategist at Cantor Fitzgerald in New York."There's a lot of uncertainty until the ...

Markets - Fixed Income - Americas

Yields inch up for second day ahead of Fed minutes NEW YORK: US Treasury debt yields edged higher on Wednesday for a second straight day in quiet trading as they continued to benefit from increased market appetite for risk with the rise in stocks and oil prices as well as an improving global economic environment. "Yesterday we had a confluence of factors that led to higher yields: we had strong inflation numbers from overseas; we had oil starting to rally," said Subadra Rajappa, head of ...

Markets - Fixed Income - Americas

Yields ease on short covering, before holidays NEW YORK: US Treasury yields eased from multi-year highs on Monday as investors evaluated how many times the US Federal Reserve is likely to raise interest rates next year and covered some short positions ahead of year-end.Since Donald Trump's surprise election as US President last month, yields have jumped as investors bet that new stimulus will increase growth and inflation.The Federal Reserve's economic and interest rate outlook at its meeting last Wednesday was also viewed ...

Markets - Fixed Income - Americas

US 10-year yields head for sixth straight week of gains NEW YORK: US Treasury debt yields inched higher on Friday, continuing a trend that has been in place for several weeks, with investors consolidating some positions ahead of what is expected to be a quiet holiday period for economic data. Benchmark US 10-year yields were on track for six straight weeks of gains. The Federal Reserve's interest rate forecasts on Wednesday showed three more rate increases in 2017, accelerating a selloff that started with the ...

Markets - Fixed Income - Americas

Yields advance on Fed rate hike outlook NEW YORK: US Treasury yields rose broadly on Thursday, boosted by the prospect of more interest rate increases by the Federal Reserve next year, although those on long-dated bonds came off their highs after fairly tame consumer inflation data for November. Benchmark US 10-year yields hit more than two-year highs, while yields on US two-year notes touched more than seven-year peaks, bolstered by the outlook for higher interest rates. The belly of the yield curve ...

Markets - Fixed Income - Americas

US yield rise takes a breather ahead of Fed rate decision NEW YORK: US Treasury yields slipped on Tuesday, consolidating recent gains ahead of a widely-expected interest rate increase from the Federal Reserve."With the passage of event risk such as the ECB (European Central Bank) decision last week and the conclusion of the Fed meeting tomorrow, the prospect is for more consolidation in Treasuries. That's what's happening right now," said Bruno Braizinha, interest rates strategist at Societe Generale in New York.On Monday, benchmark US 10-year yields ...