12092016Fri
Last update: Fri, 09 Dec 2016 08pm

Americas

Markets - Fixed Income - Americas

Bonds gain safety bid on US election jitters NEW YORK: US Treasury yields fell to their lowest in a week on Wednesday as uncertainty ahead of next week's US Presidential election enhanced the appeal of safe-haven bonds.Polls showing Republican Donald Trump closing the gap with Democrat Hillary Clinton have increased investor anxiety, given uncertainty over Trump's stance on key issues including foreign policy, trade relations and immigrants."The focus is almost exclusively on political risk and risk paring in general," said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York. "If you were very long risk you are probably taking some of that off and positioning to a more defensive footing."Benchmark 10-year notes were last up 4/32 in price to yield 1.81 percent, down from 1.82 percent late Tuesday. The yields fell to 1.79 percent in overnight trading, the lowest since Oct. 26.The rally came as investors waited on a statement from the Federal Reserve's two-day ...

Markets - Fixed Income - Americas

Yields rise as investors await Fed meeting NEW YORK: US Treasury yields rose on Tuesday, giving back gains from Monday when month-end rebalancing boosted demand for the bonds, as investors waited on the completion of the Federal Reserve's meeting on Wednesday.Treasuries ended October on a firm note even as benchmark 10-year notes posted their worst monthly performance since February 2015."We had month-end yesterday, and prices got a little bit too high," said Charles Comiskey, head of Treasuries trading at Bank of Nova ...

Markets - Fixed Income - Americas

US Treasury yields rise after stronger-than-expected GDP data NEW YORK: US Treasury debt yields rose on Friday after data showed the world's largest economy grew at a faster rate than expected in the third quarter, suggesting the US Federal Reserve was on track to raise interest rates at its December meeting. Gross domestic product grew at a 2.9 percent annual rate after expanding 1.4 percent in the second quarter, the Commerce Department said on Friday in its first estimate. That was the strongest ...

Markets - Fixed Income - Americas

Yields rise to five-month peaks in line with German, UK bonds NEW YORK: US Treasury debt yields climbed to roughly five-month peaks on Thursday, driven by gains in German and British bonds as well as upbeat US jobless claims data that point to another robust non-farm payrolls number next week. "A lot of the moves today in Treasuries are being led by the dramatic steepening of the bund (German bonds) and gilt (UK bonds) curve," said Subadra Rajappa, head of US rates strategy at Societe Generale ...

Markets - Fixed Income - Americas

US Treasury 10-year note, 30-year bond yields pare gains after US data NEW YORK: US Treasury debt yields trimmed gains on Thursday after data showed new orders for US capital goods unexpectedly fell last month, offsetting an upbeat report on jobless claims which dropped last week. Benchmark 10-year Treasury notes were down 7/32 in price to yield 1.861 percent, up from 1.79 percent late on Wednesday.US 30-year bonds were 19/32 down in price to yield 2.566 percent, up from Wednesday's 2.537 percent.US two-year note yields were at ...

Markets - Fixed Income - Americas

Sales of new homes in US rise in September WASHINGTON: Sales of new homes in the United States ended the summer on strong note amid signs of a tightening market, figures released Wednesday showed.Sales were at an annual rate 593,000 units, up 3.1 percent from August's reading of 575,000, according to the US Commerce Department. Analysts had forecast a pace of 610,000 units for the month.September was also 29.8 percent above the year-ago pace. The supply of new homes on the market at the ...

Markets - Fixed Income - Americas

US 2-year notes sold at highest yield since May NEW YORK: The US Treasury Department on Tuesday sold $26 billion of a two-year debt issue on lighter-than-usual investor demand at a yield of 0.855 percent, the highest since a two-year note auction held in May, Treasury data showed. The ratio of bids to the amount offered was 2.53, down from 2.65 at the prior auction in September.This measure of overall auction demand was the lowest since July. The latest two-year note sale "didn't go ...