08302016Tue
Last update: Tue, 30 Aug 2016 08am

Americas

Markets - Fixed Income - Americas

Prices rise on foreign demand, hold gains after spending data NEW YORK: US Treasury prices rose on Monday as investors bought Treasuries following a market selloff Friday that took yields on benchmark 10-year notes to their highest since Britain's surprise vote to exit the European Union late in June.Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on Friday, perceived as raising the likelihood of the Fed boosting short-term interest rates this year, spurred selling in Treasuries and provided an opening for overseas investors seeking US government debt, analysts said.Yellen said at a three-day gathering of world central bankers in Jackson Hole, Wyoming, that the case for raising rates had strengthened in recent months. In a later television interview, Fischer said Yellen's remarks were consistent with the possibility of two rate hikes this year.Their remarks were followed by a speech from Bank of Japan Governor Haruhiko Kuroda in Jackson Hole who said the BOJ stood ready to ...

Markets - Fixed Income - Americas

US bond prices fall on profit-taking NEW YORK: US Treasury prices fell on Friday as traders booked profits on recent gains ahead of next week's government debt supply and a meeting of global central bankers where Federal Reserve Chair Janet Yellen is scheduled to speak.The US Treasury Department will sell a combined $88 billion in two-year, five-year and seven-year notes next week.Weaker sovereign bond prices in Europe also exerted downward pressure on their US counterparts on light volume and in the ...

Markets - Fixed Income - Americas

Euro zone bond yields fall as US Fed minutes highlight split LONDON: Euro zone bond yields fell on Thursday as market expectations of a near-term US rate hike receded after minutes of the latest Federal Reserve meeting showed a split among policymakers. The minutes appeared to suggest more economic data would be needed before a decision was made. "The market is taking the Fed minutes as very dovish, so Treasuries are rallying, the dollar is falling," said Commerzbank analyst Christoph Rieger.German Bund futures rose 46 ticks ...

Markets - Fixed Income - Americas

US bond prices fall on Fed official's rate-hike view NEW YORK: US Treasury prices slipped on Monday, with the two-year yield touching a near three-week high in the wake of comments from the head of the New York Federal Reserve, who said the central bank may possibly raise interest rates in September if the economy improves further.New York Fed President William Dudley's comments concurred with data that showed moderate economic growth with inflation still running below the Fed's 2 percent goal."The market sell-off is ...

Markets - Fixed Income - Americas

US bond prices fall on stocks, corporate supply NEW YORK: US Treasury prices fell on Monday, with benchmark yields rising from near two-week lows as hopes of more overseas central bank stimuli stoked demand for stocks and other risky assets, reducing demand for low-yielding government debt.Hedging linked to this week's corporate bond supply also spurred selling in Treasuries, analysts said.Higher oil prices, boosted by hopes producers would act to stabilize the market, together with bets the Bank of Japan may provide more measures ...

Markets - Fixed Income - Americas

US bond prices fall before 30-year auction NEW YORK: US Treasury prices fell on Thursday as investors reduced their bond holdings in advance of a $15 billion sale of 30-year bonds, the final leg of the government's $62 billion quarterly refunding this week.The 30-year bond sale follows solid demand at the three-year and 10-year auctions earlier this week.The Treasuries market was also under pressure from a wave of corporate bond supply. Companies have raised nearly $30 billion in investment-grade debt this week, ...

Markets - Fixed Income - Americas

Demand rebounds for US 10-year note supply NEW YORK: Demand for $23 billion of US 10-year Treasury note supply on Wednesday rebounded from its weakest level set in July, as investors loaded up on this debt issue due to intense global demand for longer-dated bonds, Treasury data showed.The latest 10-year Treasury supply was the second leg of the government's quarterly refunding, in which it will raise $13.8 billion of new cash and repay $48.2 billion to bondholders. The ratio of bids to ...