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Americas

Markets - Fixed Income - Americas

Yields rise after jobs report NEW YORK: US Treasury yields rose on Friday after data showed that US employment growth unexpectedly slowed in September but was stronger than initially reported in August, and traders kept bets that the Federal Reserve is likely to raise rates in December.Nonfarm payrolls rose by 156,000 jobs in September, missing economists' expectations of 175,000. Job gains for August were revised up to 167,000 from an initially reported 151,000."The numbers were slightly worse, but the revisions brought it back in line, so all in all, it was fairly close to expected," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.Benchmark 10-year notes were last down 2/32 in price to yield 1.75 percent. Earlier the yield rose as high as 1.77 percent, the highest since June 3.The yields have increased from 1.53 percent last Friday.Traders reduced expectations that the Fed will raise US interest rates in November, lowering ...

Markets - Fixed Income - Americas

Yields rise as strong US jobs number expected NEW YORK: US Treasury yields rose to three-week highs on Thursday as investors prepared for a potentially strong jobs report on Friday, which will be watched for new signals on when the Federal Reserve is likely to next raise interest rates.Bonds have weakened since Friday, when concerns about Deutsche Bank's stability eased, reducing demand for safe-haven assets.Expectations of a jobs report that could outpace analyst forecasts as well as a speech next week by Fed ...

Markets - Fixed Income - Americas

Yields near two-week highs after ECB taper report NEW YORK: US Treasury prices dropped and yields jumped to almost two-week highs after a report that the European Central Bank may taper asset purchases spooked investors.Bloomberg reported that ECB policymakers were building consensus that quantitative easing would need to be wound down gradually when the central bank decides to end the program.Investors are increasingly skeptical that central bank attempts to regenerate growth and inflation will be effective, and worry that asset purchase programs are ...

Markets - Fixed Income - Americas

Yields rise as Friday's jobs data in focus NEW YORK: US Treasury yields rose to one-and-a-half week highs as investors looked ahead to Friday's highly anticipated employment report for further clues on when the Federal Reserve is likely to raise interest rates, with no major new data due on Tuesday.Richmond Federal Reserve President Jeffrey Lacker, who is not a voting member of the Fed's rate-setting committee, on Tuesday said there was a strong case for raising interest rates, arguing that borrowing costs might ...

Markets - Fixed Income - Americas

US yields climb as Deutsche Bank shares, equities rally NEW YORK: US Treasury debt yields rose on Friday as risk appetite improved with the rebound in Deutsche Bank share prices and the release of generally solid US economic data that keeps the Federal Reserve on track to raise interest rates in December.US 30-year bond yields, which move inversely to prices, hit a one-week high, while US two-year notes rebounded from six-week lows to trade nearly two basis points higher on the day.A report that ...

Markets - Fixed Income - Americas

US yields inch higher on OPEC news, but downtrend intact NEW YORK: US long-dated Treasury debt yields edged higher on Wednesday, boosted by a Reuters report that OPEC has reached a deal to limit oil production, with the agreement to be implemented in November.US crude futures and Wall Street shares rose on the news, boosting risk sentiment.According to sources, OPEC agreed to limit oil output to 32.5 million barrels per day.But despite the recovery, US yields, which move inversely to prices, are still in the ...

Markets - Fixed Income - Americas

US yields flat to higher as risk appetite improves NEW YORK: US long-dated Treasury debt yields on Wednesday edged higher from three-week lows hit the previous session, as risk aversion eased with a recovery in Deutsche Bank's share price and more stable global stocks.Investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional committee, which will be closely watched for any indication on the timing of the next interest rate hike. The Fed last week kept rates steady but flagged a December move.David ...