12042016Sun
Last update: Sun, 04 Dec 2016 02am

Americas

Markets - Fixed Income - Americas

US bond prices fall on stocks, corporate supply NEW YORK: US Treasury prices fell on Monday, with benchmark yields rising from near two-week lows as hopes of more overseas central bank stimuli stoked demand for stocks and other risky assets, reducing demand for low-yielding government debt.Hedging linked to this week's corporate bond supply also spurred selling in Treasuries, analysts said.Higher oil prices, boosted by hopes producers would act to stabilize the market, together with bets the Bank of Japan may provide more measures to help its economy in the wake of disappointing domestic growth and inflation data, propelled Wall Street's three major indexes to all-time highs."There is a bit of risk-on sentiment with the S&P at arecord high. There is also some corporate bond hedging," said Karl Haeling, vice president at Landesbank Baden-Wurttemberg in New York.On light trading volume, benchmark 10-year Treasury notes were down 7/32 in price with a yield of 1.541 percent, up 2 basis points ...

Markets - Fixed Income - Americas

US bond prices fall before 30-year auction NEW YORK: US Treasury prices fell on Thursday as investors reduced their bond holdings in advance of a $15 billion sale of 30-year bonds, the final leg of the government's $62 billion quarterly refunding this week.The 30-year bond sale follows solid demand at the three-year and 10-year auctions earlier this week.The Treasuries market was also under pressure from a wave of corporate bond supply. Companies have raised nearly $30 billion in investment-grade debt this week, ...

Markets - Fixed Income - Americas

Demand rebounds for US 10-year note supply NEW YORK: Demand for $23 billion of US 10-year Treasury note supply on Wednesday rebounded from its weakest level set in July, as investors loaded up on this debt issue due to intense global demand for longer-dated bonds, Treasury data showed.The latest 10-year Treasury supply was the second leg of the government's quarterly refunding, in which it will raise $13.8 billion of new cash and repay $48.2 billion to bondholders. The ratio of bids to ...

Markets - Fixed Income - Americas

Long-dated yields nose higher, touch 2-week high NEW YORK: Yields on US Treasuries with longer-dated maturities edged up to their highest in more than two weeks on Monday on a modest rise in expectations that the US Federal Reserve could raise short-term interest rates by year-end.Friday's release of July's non-farm payrolls report, which showed US employers added 255,000 jobs, rekindled expectations the Fed may again be leaning toward raising the interest rate banks charge each other for overnight loans of federal funds. ...

Markets - Fixed Income - Americas

Mexico sets guidance on two-part US dollar bond NEW YORK: Mexico tightened pricing on a two-part US dollar bond on Monday, as demand for the deal swelled close to US$9bn, according to one of the lead managers. The sovereign set guidance of Treasuries plus 150bp area on a tap of its 4.125pc January 2026s and 210bp area on a new long 30-year maturing in January 2047, with area at plus or minus 5bp. That was tight to initial price thoughts of T+165bp area ...

Markets - Fixed Income - Americas

Yields jump as US jobs data boosts bets on Fed rate hike NEW YORK: US Treasury yields jumped on Friday, with three-year yields hitting one-week highs, after data showing US employment increased more than expected in July and a wages rise boosted expectations for a 2016 Federal Reserve interest rate hike.Nonfarm payrolls increased by 255,000 jobs last month as hiring rose broadly after an upwardly revised 292,000 surge in June, the Labor Department said. Economists polled by Reuters had forecast payrolls increasing 180,000 in July.While the unemployment ...

Markets - Fixed Income - Americas

US 30-year mortgage rate back near 3-year low NEW YORK: Interest rates on US 30-year mortgages fell back near three-year lows in step with benchmark Treasury yields, prompted by concerns about a slowing US economic expansion, mortgage finance agency Freddie Mac said on Thursday.The average 30-year mortgage rate was 3.43 percent in the week ended Aug. 4, down from 3.48 percent in the previous week, Freddie Mac said in its latest mortgage rate survey.In early July, the 30-year mortgage rate hit a three-year ...