06302016Thu
Last update: Thu, 30 Jun 2016 12am

Americas

Markets - Fixed Income - Americas

US 30-year yield closes in on record low NEW YORK: The US 30-year Treasury yield slipped on Wednesday, approaching record lows, in a scramble for long-dated bonds on worries about sluggish global growth and bets on more unconventional stimulus measures from major central banks.Yields on other Treasury maturities edged up as investors reduced bond holdings on a rebound in stock and commodity prices for a second day following a rout triggered by Britain's stunning vote to leave the European Union.The yield on the 30-year, or long, Treasury bond fell to 2.247 percent earlier Wednesday before ticking up to 2.253 percent, which was down 2 basis points from Tuesday.The long bond yield was about 3 basis points away from its all-time low of 2.221 percent struck on Jan. 30, 2015, according to Reuters data."It's a symptom of the flight to safety. People are also forced to go out the curve to get yield," Thomas Roth, head of US Treasury ...

Markets - Fixed Income - Americas

US bond prices hold losses after US GDP data NEW YORK: US Treasury prices held their earlier decline on Tuesday as the government's final reading on economic growth in the first quarter was revised up to 1.1 percent, within analyst forecasts but not strong enough for inflation to accelerate. Benchmark 10-year Treasury notes were last down 4/32 in price with a yield of 1.473 percent, up 1 basis point from late on Monday. The 10-year yield touched a near four-year low of 1.0406 percent ...

Markets - Fixed Income - Americas

Prices tumble as expectations of British EU exit drop NEW YORK: US Treasury prices fell on Thursday on growing confidence that Britain will vote to remain in the European Union, as new opinion polls indicated that the campaign to stay in the EU was in the lead.A telephone survey by polling firm ComRes, conducted for the Daily Mail newspaper and ITV television showed the "Remain" campaign had a 48 percent to 42 percent lead over "Leave."At almost the same time, another poll by YouGov ...

Markets - Fixed Income - Americas

Bonds steady ahead of British referendum NEW YORK: US Treasuries were steady on Wednesday as investors focused on whether the Britain will vote to leave the European Union on Thursday, and before Federal Reserve Chair Janet Yellen was due to testify before lawmakers in Washington for a second day.British polls show a tight race between the "Remain" and "Leave" camps. Investors have been assuming a lower chance that Britain will leave the EU, after the murder last week of a pro-EU ...

Markets - Fixed Income - Americas

US yields rise as Brexit fears diminish NEW YORK: US benchmark Treasury yields rose on Friday for the first time in nearly two weeks as investors repriced the odds that Britons will vote next week to exit the European Union, and as UK politicians halted campaigning on the referendum following the killing of member of parliament Jo Cox. Cox, a supporter of the campaign for the UK to remain in the EU, was stabbed and shot in her constituency on Thursday and ...

Markets - Fixed Income - Americas

Yields little moved as investors position for Fed NEW YORK: US Treasury yields were little changed on Wednesday as investors looked to square positions ahead of a spate of potentially market-moving events that include two central bank meetings this week and a vote in Britain on whether to leave the European Union next week.Yields remained near their late Tuesday levels, just above four-month lows, as the market was little moved by stronger-than-expected US producer price index data and a survey from the New ...

Markets - Fixed Income - Americas

US yields hit fresh 4-month lows as 'Brexit' vote looms NEW YORK: US Treasury yields fell to four-month lows on Tuesday as growing fears about Britain leaving the European Union weighed on risk appetite and further pared expectations of a Federal Reserve interest rate hike this year.Recent polls have shown a growing majority of Britons favor leaving the European Union in a June 23 referendum. That has sparked selling in riskier assets and boosted prices for safe-haven government bonds, which move in the opposite direction ...