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Last update: Sun, 31 Jul 2016 05am

Americas

Markets - Fixed Income - Americas

Bonds steady before 10-year note auction NEW YORK: US Treasuries were steady on Wednesday before the government is due to sell $20 billion in 10-year notes, the second sale of $56 billion in new coupon-bearing supply this week.With no major economic releases due this week, investors are focused on Treasury supply and next week's Federal Reserve meeting, when the US central bank is expected to leave interest rates unchanged.Traders have pushed back rate-hike expectations to September at the earliest, after Friday's jobs report for May showed that employers added only 38,000 positions in the month, the smallest gain since September 2010.A $24 billion auction of three-year notes on Tuesday showed relatively soft demand as indirect buyers, which include asset managers and other investors, reduced their participation."The three-year auction was a little soft, which was a big surprise, I think, because people figured there would be a better indirect bid, specifically coming out of Europe," said Dan ...

Markets - Fixed Income - Americas

Venezuela crisis is opportunity for foreign bond investors NEW YORK/LONDON: As Venezuela's economy teeters on the edge of collapse and some people go hungry, a growing number of foreign investors are reaping outsized returns betting on the oil-rich nation's depressed debt. Venezuela's bonds have sunk so low amid a deep crisis that even if it defaults on its debt, bondholders reckon there will still be rewards when the South American country eventually recovers, helped by its huge reserves of crude.Venezuelan dollar bonds on ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

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 ...

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 ...