09302016Fri
Last update: Fri, 30 Sep 2016 11am

Americas

Markets - Fixed Income - Americas

Bonds steady before three-year auction, corporate supply NEW YORK: US Treasuries were steady on Tuesday before the government is due to sell $24 billion in three-year notes, the first sale of $62 billion in coupon-bearing debt supply this week, and with heavy corporate debt sales also expected.New government and corporate debt supply is in focus with no major economic releases due until Friday's retail sales report for April."You are getting a bit of supply pressure," said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York.US bond yields are largely range-bound as investors evaluate when the Federal Reserve is likely to next raise interest rates. Weaker-than-expected job gains in April reduced expectations that the Fed will lift rates at its June meeting.Falling expectations that an interest rate hike is likely in the near term may help demand for Tuesday's auction of three-year notes.At the same time, the low expectations already priced into the debt may ...

Markets - Fixed Income - Americas

Yields fall as rate hike seen more distant NEW YORK: Most US Treasury yields fell on Monday as investors lowered expectations that the Federal Reserve will raise interest rates in June, after a weaker-than-expected jobs report for April on Friday.Yields fell to one-month lows on Friday after data showed employers added the fewest jobs in seven months in April, but ended the day higher as investors focused on wage growth as a sign that inflation may be picking up.The yields fell again on ...

Markets - Fixed Income - Americas

Yields little moved as investors eye April jobs report NEW YORK: US Treasury yields were little changed on Thursday as the number of Americans filing for unemployment benefits rose unexpectedly but remained within the range of a strong labor market, leaving investors with no clear signals ahead of Friday's nonfarm payrolls report.Reports detailing the health of the US economy have been mixed this week and the Federal Reserve has signaled it will make its June interest rate policy decision based on what the data ...

Markets - Fixed Income - Americas

Yields fall to 2-week lows after ADP jobs data NEW YORK: US Treasury yields fell to their lowest level in two weeks on Wednesday after a reading on US jobs data for April missed expectations, posting the weakest gain in three years, but yields pared those losses after an improvement in the US trade balance.Private employers in the US added 156,000 jobs last month, well below economists' expectations and the weakest gain since April 2013, a report from payrolls processor ADP National Employment showed ...

Markets - Fixed Income - Americas

US sells one-month T-bills at lowest rate since December NEW YORK: The US Treasury Department on Tuesday sold $40 billion of one-month bills at an interest rate of 0.17 percent, which was the lowest level since a one-month T-bill auction held on Dec. 29, Treasury data showed. Last week, the Treasury sold $35 billon of one-month T-bills at an interest rate of 0.190 percent. The ratio of bids to the amount offered at the latest one-month bill sale was 3.63, lower than 3.83 the ...

Markets - Fixed Income - Americas

AT&T out with five-part tap of existing bonds NEW YORK: AT&T is tapping five of its existing US dollar bonds to refinance debt, a source familiar with the details told IFR on Tuesday. The telecom giant, rated Baa1/BBB+/A-, plans to increase the size of bonds maturing between three and 30 years. BNP Paribas, Mizuho, Morgan Stanley and RBC are leading the trade, and plan to price it on Tuesday. Copyright Reuters, 2016 ...

Markets - Fixed Income - Americas

US bond prices pare losses after March spending data NEW YORK: US Treasury prices trimmed earlier losses on Friday as weaker-than-forecast data on consumer spending in March supported the notion of a sluggish US economic expansion, which may keep the Federal Reserve from raising interest rates in June. Benchmark 10-year Treasury notes were 5/32 lower for a yield of 1.856 percent, up nearly 2 basis points from late on Thursday. Copyright Reuters, 2016 ...