07292016Fri
Last update: Fri, 29 Jul 2016 03am

Americas

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 53.6 in March, up from 47.6 in February and beating a forecast of 50.0 among analysts polled by Reuters.Some investors sat on the sidelines ahead of a likely solid payrolls report from the government at 8:30 a.m. (1230 GMT) on Friday, traders said."Some people have some month-end index buying," said Larry Milstein, head of government and agency trading at R.W. Pressprich & Co. in New York.Benchmark 10-year Treasury notes were up 3/32 in price to ...

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 ...

Markets - Fixed Income - Americas

US bond yields dip after ECB eases policy NEW YORK: US Treasury yields fell slightly on Thursday in choppy trading after the European Central Bank lowered key interest rates and expanded its bond purchase program in a bid to support the euro zone's fragile economy. The ECB surprised investors with an unexpected cut of its main refinancing rate to zero from 0.05 percent. As expected, it lowered its deposit rate to -0.4 percent and raised its monthly bond purchases to 80 billion euros. ...

Markets - Fixed Income - Americas

US bond prices fall with Japanese bonds, ahead of Treasuries sale NEW YORK: US Treasury prices followed Japanese bonds lower on Wednesday, easing from a rally sparked by concerns of a Chinese economic slowdown, and Treasury's upcoming auction also added to bearish sentiment. Safe-haven US government debt yields rose from one-week lows reached on Tuesday as investors locked in gains from the previous session's rally, which followed Japanese government yields falling to record lows. Tuesday's rally was spurred by data that showed exports in China fell ...