12072016Wed
Last update: Wed, 07 Dec 2016 05pm

Americas

Markets - Fixed Income - Americas

Prices rise as equities fall on Deutsche Bank woes NEW YORK: US Treasury debt prices rose on Monday as investors sought the safety of government bonds as global equities fell on factors including news on Deutsche Bank that dragged its shares to record lows. Long-dated yields, which move inversely to prices, fell to three-week lows, while two-year note yields slid to two-week troughs. The German bank has been fighting a $14-billion demand from the US Department of Justice to settle a mortgage mis-selling case. "Today's bullish tone in Treasuries is largely the result of the risk-off sentiment in global equities," said Gennadiy Goldberg, interest rates strategist at TD Securities in New York. "It basically started with the Deutsche Bank news, which soured sentiment globally." Stock market indexes around the world also declined amid caution ahead of the first US presidential debate between Hillary Clinton and Donald Trump. German magazine Focus reported over the weekend that Chancellor Angela Merkel had ...

Markets - Fixed Income - Americas

US bond yields rise ahead of Fed rate decision NEW YORK: US Treasury yields rose on Wednesday as the Federal Reserve held a two-day policy meeting where investors widely expect the central bank to hold short-term interest rates but leave the door open for an increase at the end of the year.US yields initially climbed on selling in bond markets worldwide following a policy reboot from the Bank of Japan.The BOJ said it will target the yield on the 10-year Japanese government bond at ...

Markets - Fixed Income - Americas

Yield curve steepens after weak retail sales NEW YORK: The US Treasury yield curve surged to its steepest levels in 2-1/2 months on Thursday after US retail sales fell more than expected in August, further reducing the odds that the Federal Reserve will raise interest rates when it meets next week.The Commerce Department said retail sales declined 0.3 percent amid weak purchases of automobiles and a range of other goods, after an upwardly-revised 0.1 percent gain in July."The data was weaker than ...

Markets - Fixed Income - Americas

US yields rise, track Europe gains after less-dovish Draghi NEW YORK: US Treasury yields rose on Thursday, in line with European bonds, after European Central Bank President Mario Draghi left the door open for additional monetary policy easing but gave no indication that more stimulus was actually coming.The rise in yields, which move inversely to prices, was being driven by the long-end of the curve, notably US 30-year bonds, whose yields rose for a second straight session.Draghi said on Thursday the bank was looking ...

Markets - Fixed Income - Americas

Yields flat after mixed data; Friday jobs report in focus NEW YORK: US Treasury yields were little moved on Thursday after weak US manufacturing data contrasted with strong overseas manufacturing numbers and US jobless claims data that beat expectations as investors tried to position ahead of Friday's US non-farms payrolls report.Treasuries sold off in early trading with prices sinking after a report showed growth in China's manufacturing sector expanded last month at the fastest pace in nearly two years, and a measure of manufacturing in ...

Markets - Fixed Income - Americas

Prices rise on foreign demand, hold gains after spending data NEW YORK: US Treasury prices rose on Monday as investors bought Treasuries following a market selloff Friday that took yields on benchmark 10-year notes to their highest since Britain's surprise vote to exit the European Union late in June.Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on Friday, perceived as raising the likelihood of the Fed boosting short-term interest rates this year, spurred selling in Treasuries and provided an opening for ...

Markets - Fixed Income - Americas

US bond prices fall on profit-taking NEW YORK: US Treasury prices fell on Friday as traders booked profits on recent gains ahead of next week's government debt supply and a meeting of global central bankers where Federal Reserve Chair Janet Yellen is scheduled to speak.The US Treasury Department will sell a combined $88 billion in two-year, five-year and seven-year notes next week.Weaker sovereign bond prices in Europe also exerted downward pressure on their US counterparts on light volume and in the ...