05022016Mon
Last update: Mon, 02 May 2016 03pm

Americas

Markets - Fixed Income - Americas

Yields tumble after Fed leaves rates unchanged NEW YORK: US Treasury yields fell on Thursday, with two-year yields declining the most in one day in six and a half years, after the Federal Reserve kept rates unchanged after its two-day policy meeting. US two-year note yields fell about 13 basis points to a nearly two-week low of 0.68 percent after the Fed kept rates unchanged in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. Fresh economic projections showed 13 of 17 Fed policymakers still foresee raising rates at least once in 2015, down from 15 at the last meeting in June. Four policymakers now believe rates should not be raised until at least 2016, compared with two who felt that way in June. Market participants were watching the statement closely to see if the Fed would raise rates for the first time since ...

Markets - Fixed Income - Americas

Yields remain high on Bund yield jump, Fed uncertainty NEW YORK: US Treasury yields remained elevated on Wednesday in response to higher German Bund yields, while traders' uncertainty on whether the Federal Reserve would hike rates Thursday also kept US yields high. German Bund yields shot higher for a second day, with benchmark 10-year Bund yields hitting a nearly two-week high of 0.80 percent. The continued move higher was largely a result of new supply entering the market during thin trading. US two-year note ...

Markets - Fixed Income - Americas

Prices gain as stocks fall, before next week's Fed meeting NEW YORK: US Treasury prices gained on Friday as stocks fell and as investors focused on whether the Federal Reserve is likely to raise interest rates for the first time in almost a decade when it meets next week.Investors have reduced expectations that the US central bank will act next week due to stock market turmoil from concerns over Chinese and global growth.If the Fed does not raise rates, it may still suggest that an ...

Markets - Fixed Income - Americas

Prices edge higher on dovish ECB, US jobs data eyed NEW YORK: US Treasuries prices rose on Thursday after a dovish outlook from the European Central Bank made US government debt more attractive than European counterparts but caution ahead of Friday's monthly US employment report limited gains. The European Central Bank cut its inflation and growth forecasts for the euro zone and its president, Mario Draghi, said things could get worse. The bank pledged to beef up or prolong its bond-buying program if the picture ...

Markets - Fixed Income - Americas

Canadian dollar slides as oil prices fall TORONTO: The Canadian dollar weakened against the US dollar on Monday as volatile crude prices retreated and as investors positioned for month-end trading and ahead of a busy week for economic data.Oil prices slid after staging their biggest two-day rally in six years last week, on renewed worries over excess supply and China's slowing economy.After a quiet period on the economic data front, investors are turning their attentions to this week's Canadian data including second ...

Markets - Fixed Income - Americas

Prices gain on China worries, month-end buying NEW YORK: US safe-haven Treasuries prices rose on Monday on continued concerns over China and emerging market economies, while month-end buying gave longer-dated Treasuries prices a greater boost. China, the world's second-biggest economy, will release its official reading on August factory conditions on Tuesday and economists polled by Reuters believe activity likely shrank at its fastest pace in three years. Concerns about other emerging market economies also underpinned Treasuries prices. In addition, purchases of longer-dated ...

Markets - Fixed Income - Americas

US bonds fall after July durable goods data NEW YORK: US Treasuries prices fell on Wednesday as a surprise rise in domestic orders for durable goods soothed some concerns about a sharp deceleration in US economic growth in the third quarter stemming from a slowdown in China. Yields on short-to-medium dated maturities climbed to fresh one-week highs as the latest data revived bets the Federal Reserve would raise interest rates by year-end. The Commerce Department said on Wednesday durable goods orders gained 2.0 ...