06292016Wed
Last update: Wed, 29 Jun 2016 08am

Americas

Markets - Fixed Income - Americas

Yields end day higher as Yellen sees rate hikes NEW YORK: US Treasuries reversed some price declines but still ended weaker on Monday after Federal Reserve Chair Janet Yellen said a strengthening economy means that interest rate increases are likely on the way, while also acknowledging Friday's disappointing employment report."Positive economic forces have outweighed the negative" for the United States now that risks from earlier this year have diminished, Yellen said.In her public comments, the last by any US central banker before next week's meeting on rates, Yellen said last month's jobs report was disappointing and bears watching, but she warned against attaching too much significance to it on its own."She was probably not as dovish as feared," said Tom Porcelli, chief US economist at RBC Capital Markets in New York. "She was very balanced."Benchmark 10-year notes ended down 6/32 in price to yield 1.723 percent, up from a two-month low of 1.697 percent on Friday.Yields rose before Yellen's ...

Markets - Fixed Income - Americas

US debt yields drop on oil, jobs data uncertainty NEW YORK: US Treasury debt yields fell across the board on Thursday, undermined by worries about OPEC failing to agree on oil output, concerns over Britain's future in the EU, and overall uncertainty ahead of Friday's US non-farm payrolls report. Yields, which move inversely to prices, slid to two-week lows on 10-year notes and 30-year bonds. Thursday's OPEC meeting ended with no new policy or ceiling amid resistance from Iran, although Saudi Arabia vowed not ...

Markets - Fixed Income - Americas

US Treasury holds test on reporting large bond positions NEW YORK: The US Treasury Department on Wednesday asked for holders with large stakes in the most recently issued 10-year government note as of May 16 to provide information on their positions in a test of a rule change on reporting big positions in Treasuries. The rule amendment, which was published in December 2014 and went into effect in March 2015, was intended for the Treasury to understand the supply and demand dynamics behind particular ...

Markets - Fixed Income - Americas

US debt yields ease as equities fall NEW YORK: US Treasury debt yields slipped from multiweek highs on Tuesday, after US stocks fell following a mixed batch of economic data that dampened expectations for an interest rate increase by the Federal Reserve in June.Yields on US two-year notes, the maturity most sensitive to Fed rate expectations, fell from their strongest level in more than two months hit earlier in the session. The long-end of the curve also retreated, with yields on benchmark ...

Markets - Fixed Income - Americas

US bond prices fall as Yellen hints at rate hike NEW YORK: US Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual US interest rate increases would be appropriate if the economy improves further and the labor market tightens. The yield spread between short- and long-dated Treasuries narrowed in reaction to Yellen's rate-hike comment as traders favored longer maturities over shorter ones in anticipation that the Fed may raise rates as early as June. "The market ...

Markets - Fixed Income - Americas

US medium- to long-dated yields fall to session lows NEW YORK: Yields on US medium- to long-dated Treasuries fell to session lows on Thursday following solid demand at a $28 billion of seven-year note supply, the final leg of this week's $88 billion in coupon-bearing government debt issuance. Benchmark 10-year Treasury yield was down 4 basis points at 1.832 percent, while five-year yield was 5 basis points lower at 1.352 percent. Copyright Reuters, 2016 ...

Markets - Fixed Income - Americas

US sells T-bills at higher interest rates NEW YORK: The US Treasury Department on Monday sold $31 billion of three-month bills at an interest rate of 0.350 percent, up from 0.275 percent last week and the highest level set at an auction since Feb. 1, Treasury data showed. The ratio of bids to the amount of the latest three-month bill issue offered was 3.40, lower than 3.70 at the prior three-month T-bill sale last week. Treasury bill rates and other short-term US ...