06272016Mon
Last update: Mon, 27 Jun 2016 05am

Americas

Markets - Fixed Income - Americas

U.S. bond yields bounce back from one-month lows NEW YORK: U.S. Treasury yields rose from one-month lows on Wednesday, led by longer-dated bonds as a rebound in oil and stock prices prompted investors to sell safe-haven government debt.The bounce in yields was also largely a technical correction, analysts said, with the 10-year yield well below long-term moving averages and having recently posted its steepest quarterly drop since the March-June quarter of 2012, according to Reuters data."What we're looking at is ... a reversal in risk assets, i.e., there was a little bit of a bounce," said CRT Capital senior government bond strategist Ian Lyngen in Stamford, Connecticut."We were making the argument that the price action (in bonds) had simply gotten overextended ... and we were a bit overdue for a consolidation/reversal."Treasury yields reached session highs following a burst of selling in the futures market in advance of the Federal Reserve's releasing the record on its March policy meeting.But ...

Markets - Fixed Income - Americas

US Treasury yields fall as weak data supports slow Fed NEW YORK: US Treasury yields fell on Monday, with benchmark yields posting one-month lows as doubts about the durability of the US economic expansion supported views the Federal Reserve may slow the pace of interest rate hikes. A 1.7 percent drop in factory orders in February rekindled worries about weakness in the manufacturing sector, while a Fed barometer on the labor market showed further deterioration in March in contrast with the continued strength seen in ...

Markets - Fixed Income - Americas

Longer-dated US bond prices rise on month-end buying NEW YORK: Longer-dated US Treasury prices rose modestly on Thursday as fund managers added these debt maturities to match the expected month-end changes of benchmark indexes tracked by their portfolios.Shorter-dated US Treasury yields posted fresh one-month lows on the view that the Federal Reserve would raise interest rates gradually following dovish comments from Fed Chair Janet Yellen earlier this week.Longer-dated Treasuries gave up some earlier gains after the Chicago Purchasing Management Index came in at ...

Markets - Fixed Income - Americas

US bonds rally on Fed's Yellen rate-hike view NEW YORK: The US Treasury market rallied on Tuesday with yields hitting multi-week lows on remarks from Federal Reserve Chair Janet Yellen who said the US central bank should proceed "cautiously" with interest rate hikes. Yellen's comments came following views from a handful on top Fed officials in recent days who said the US economy is strong enough to warrant further rate increases. However, Yellen cited on Tuesday her concerns about global developments including volatility ...

Markets - Fixed Income - Americas

High-yield primary starts to heal,but still early days NEW YORK: A dramatic tightening in US high-yield bond spreads opened the primary for a few well-known issuers this week - but market players are not expecting the issuance floodgates to open, at least in the near term. Supply is due to come in at around a decent US$4bn this week - the second straight week of big inflows into the asset class. Lipper reported US$1.796bn of cash pouring into high-yield funds for the week ...

Markets - Fixed Income - Americas

US prices rise, tracking Europe; Fed outlook also gives boost NEW YORK: US Treasuries rallied for a fifth straight session on Friday, in line with gains in European sovereign markets, as investors continued to snap up US government bonds with the expectation that the Federal Reserve will implement fewer rate increases this year. Benchmark 10-year note yields, which trade inversely to prices, were on track for their largest weekly drop since late January. US two-year notes, on the other hand, were on pace to post ...

Markets - Fixed Income - Americas

Prices edge higher as investors square up ahead of FOMC NEW YORK: US Treasury debt prices rose on Monday, rebounding from an aggressive selloff last week, as investors tried to get back to neutral positions ahead of this week's two-day Federal Open Market Committee meeting. Long-term yields, which move inversely to prices, fell for the first time in four days. Yields were also pressured by the drop in oil prices, analysts said. Benchmark 10-year yields hit a five-week high on Friday, capping broad gains on ...