Americas
Tuesday, 16 October 2012 09:10
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SINGAPORE: The US 10-year Treasury yield held steady within a recent range on Tuesday, as investors awaited the November US presidential election and further clarity on when Spain may ask for a rescue package.
Ten-year Treasuries fetched an yield of 1.668 percent . Since late September, the 10-year yield has moved in a range of roughly 1.600 percent to 1.750 percent.
"You have to consider whether forthcoming events might trigger a rise in volatility, or whether traders will think instead that the market will have a hard time moving ahead of them," said a trader for a US brokerage house in Tokyo, referring to factors such as the Nov. 6 presidential election and the uncertainty over Spain's plans to seek aid.
"For now, the current level of the 10-year yield around 1.65 percent to 1.7 percent seems to be a very comfortable level for the market," he added.
Another factor to keep an eye ...
TOKYO: US Treasuries were steady in Asian trading on Wednesday, as continued fears of slowing global growth kept demand for fixed-income assets firm.
Yields on ten-year Treasuries slipped in Asia to 1.714 percent from 1.715 percent in late US trade on Tuesday.
The 10-year yield had hit a peak around 1.74 percent on Friday, the highest level in about two weeks, after better-then-expected US employment data.
Yields on 30-year Treasuries were steady from late US trade at 2.930 ...
BUENOS AIRES: Argentina's Chaco province made a dollar-denominated bond interest payment in local pesos last week due to the country's policy of limiting access to greenbacks, the province said over the weekend.
The payment of about $260,000 in pesos rather than US dollars surprised the local capital markets, and may set a precedent for other borrowers in the South American country to pay dollar-denominated debt in local currency.
"Compliance in a timely manner of the obligation was ...
SINGAPORE: US 10-year Treasuries rose in Asia on Friday but their gains were limited after Spain announced a tough 2013 budget that may pave the way for central bank action to help ease the euro zone's debt crisis.
Ten-year notes rose around 2/32 in price to yield 1.647 percent, down roughly 1 basis point from late US trade.
Ten-year Treasuries had retreated on Thursday after Spain announced a budget for 2013 based mostly on spending cuts, a ...
TOKYO: US Treasuries were firm in Asia on Thursday, with the benchmark 10-year yield stuck near its lowest level in nearly three weeks, supported by resurgent worries over the euro zone's debt crisis and demand for mortgage bonds.
The yield on 10-year notes stood at 1.625 percent, near Wednesday's low of 1.610 percent, its lowest since Sept 7, having fallen almost 30 basis points from a four-month peak hit earlier this month.
The rally was driven in ...
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