05012016Sun
Last update: Sun, 01 May 2016 04pm

Americas

Markets - Fixed Income - Americas

US bond yields dip after ECB eases policy NEW YORK: US Treasury yields fell slightly on Thursday in choppy trading after the European Central Bank lowered key interest rates and expanded its bond purchase program in a bid to support the euro zone's fragile economy. The ECB surprised investors with an unexpected cut of its main refinancing rate to zero from 0.05 percent. As expected, it lowered its deposit rate to -0.4 percent and raised its monthly bond purchases to 80 billion euros. The benchmark 10-year Treasury yield was last at 1.887 percent, down slightly from late on Wednesday, while the 30-year bond yield slipped nearly 1 basis point to 2.674 percent. Copyright Reuters, 2016 ...

Markets - Fixed Income - Americas

US bond prices fall with Japanese bonds, ahead of Treasuries sale NEW YORK: US Treasury prices followed Japanese bonds lower on Wednesday, easing from a rally sparked by concerns of a Chinese economic slowdown, and Treasury's upcoming auction also added to bearish sentiment. Safe-haven US government debt yields rose from one-week lows reached on Tuesday as investors locked in gains from the previous session's rally, which followed Japanese government yields falling to record lows. Tuesday's rally was spurred by data that showed exports in China fell ...

Markets - Fixed Income - Americas

US bond yields drop as Chinese data weighs on risk appetite NEW YORK: US Treasury yields fell on Tuesday in line with Japanese yields after weak Chinese data revived fears of a global economic slowdown, increasing demand for safe-haven US government debt ahead of a 3-year note auction. Yields on the benchmark 10-year Treasury note and on the 30-year bond fell from one-month highs overnight after data showed China's February trade performance was far worse than economists had expected.Exports in the world's second-largest economy fell 25.4 ...

Markets - Fixed Income - Americas

Wall Street watchdog's board approves bond-markup rules The Financial Industry Regulatory Authority's board of governors has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers, the Wall Street watchdog said on Friday.FINRA's controversial plan is similar to a parallel proposal by the Municipal Securities Rulemaking Board (MSRB), which regulates municipal advisers and bond dealers. The joint plan aims to help the public assess the reasonableness of ...

Markets - Fixed Income - Americas

Yields fall as global growth concerns weigh NEW YORK: US Treasury yields fell on Thursday as investors remained cautious on the outlook for global growth, with yields also undergoing a sharp, if brief, drop after the government postponed its seven-year note auction.Treasuries have largely followed oil moves as tumbling prices this year have stoked concerns about slowing global growth and the efficacy of central bank policies meant to try to spur new investment.Bonds pared price gains, but still ended stronger on Thursday ...

Markets - Fixed Income - Americas

Argentina, 'vultures' said close to deal on bonds NEW YORK: Argentina and the two hedge funds it has branded "vultures" are close to a deal to settle the funds' bond claims, a lawyer said Wednesday."We are this close to a deal," Matthew McGill, a lawyer for one of the two funds, NML Capital, said in the federal district court in Manhattan."We have an agreement on economic terms," he said, without explanation.If true, an end to a decade-old battle over Argentina's bond repayment obligations ...

Markets - Fixed Income - Americas

Bonds gain as Saudi oil comments spook risk markets NEW YORK: US Treasury yields fell on Tuesday after Saudi Oil Minister Ali Al-Naimi effectively ruled out production cuts by major crude producers anytime soon, sending oil and stock prices lower. Naimi said he was confident more nations would join a pact to freeze output at existing levels in talks expected next month, but that markets should not view the nascent agreement as a prelude to production cuts. Signs that the oil and equity markets ...