05242016Tue
Last update: Tue, 24 May 2016 08pm

Americas

Markets - Fixed Income - Americas

US yields fall to lowest in a week NEW YORK: US Treasuries yields fell to their lowest in a week on Friday as weaker-than-expected October data on domestic retail sales and producer prices reinforced the view of modest economic growth and tame inflation. These figures also supported the notion that if the Federal Reserve were to raise interest rates, it would do so gradually. The Commerce Department said retail sales edged up 0.1 percent last month after being unchanged in September. It fell short of the 0.3 percent increase forecast among analysts polled by Reuters. At the same time, the Labor Department said producer prices fell 0.4 percent last month, following a 0.5 percent drop in September. Economists polled by Reuters had projected a 0.2 percent increase. Benchmark 10-year Treasuries notes were last up 6/32 in price with a yield of 2.294 percent, down over 2 basis points from late on Thursday. Copyright Reuters, 2015 ...

Markets - Fixed Income - Americas

US 30-year bonds sold at highest yield since July NEW YORK: US Treasury Department on Thursday sold $16 billion of 30-year bonds to solid demand at a yield of 3.070 percent, which was its highest level since July, Treasury data showed.The 30-year sale was the final leg of this week's $64 billion quarterly refunding.The ratio of bids to the amount offered was 2.41, which was the lowest since August but above its 12-month average of 2.35.Fund managers, foreign central banks and other indirect bidders ...

Markets - Fixed Income - Americas

US bond prices flat as weaker stocks offset supply NEW YORK: US Treasuries prices held steady on Thursday as losses on Wall Street stocks revived safehaven demand for government debt, offsetting selling tied to more corporate supply and an upcoming $16 billion auction of 30-year bonds. A heavy schedule of public speeches from top Federal Reserve officials also kept some investors on the sidelines as they await possible fresh clues on whether the central bank might raise interest rates at its Dec. 15-16 meeting. ...

Markets - Fixed Income - Americas

US bond prices tumble on GDP data, corporate supply NEW YORK: US Treasuries prices fell on Thursday with benchmark yields jumping to their highest in a month as the US economy expanded in the third quarter on solid consumer spending, reinforcing chances the Federal Reserve may hike interest rates in December. A wave of corporate supply led by a huge multi-part deal from software giant Microsoft exacerbated the market sell-off with dealers dumping Treasuries to hedge the bonds they were underwriting.Consumer spending grew at ...

Markets - Fixed Income - Americas

US T-bill rates fall after tentative US debt deal NEW YORK: Interest rates on US Treasury bills due through year-end slipped into negative territory on Tuesday as investor demand returned in the wake of a tentative deal on a two-year US budget deal and an extension of the federal debt ceiling. Investors had worried repayments of T-bills that mature in the coming weeks would be delayed if government borrowing capacity was not increased. Interest rates on T-bills due Nov. 5 were quoted at -0.005 ...

Markets - Fixed Income - Americas

US bond prices rise as weaker stocks revive bids NEW YORK: US Treasuries prices rose on Monday, with benchmark yields retreating from two-week highs as stock market losses and disappointing data on domestic new home sales rekindled demand for low-risk government bonds. Bonds' gains were limited by typical investor caution ahead of a two-day Federal Reserve policy meeting and sales of existing holdings to make room for supplies of five-year and seven-year notes later this week. "It's taking back a bit of last week's ...

Markets - Fixed Income - Americas

Yields keep rising, helped by US housing report NEW YORK: US government bond yields rose for a fourth session on Tuesday, getting a lift from unexpectedly strong data showing that home building remains a bright sector in the slowing US economy. Treasuries prices were already down before the housing data in a selling trend that began last week but has left yields well within recent ranges, according to senior bond strategist Ian Lyngen at CRT Capital. "You can make a solid argument that ...