07282016Thu
Last update: Thu, 28 Jul 2016 02am

Americas

Markets - Fixed Income - Americas

US bond prices fall, poised for strong first half NEW YORK: US Treasury debt prices fell on Thursday as investors scaled back their safe-haven bond holdings and stock markets worldwide recouped more losses after their rout a week ago when Britain voted to leave the European Union.Even with two consecutive days of losses, the US government debt market is poised for a strong first half as investors have loaded up on low-risk government bonds due to global economic worries and negative yields in Europe and Japan, analysts said. The surprise outcome of the Brexit referendum intensified fears about a further slowdown in business activities across the globe, they added.Brexit's possible domestic repercussions led Bank of England Governor Mark Carney to say on Thursday the central bank would probably need to inject more stimulus over the summer. Carney's remarks sent British Gilts yields to record lows and briefly lifted Treasuries prices out of the red."There are still a lot of ...

Markets - Fixed Income - Americas

US bonds hold losses after jobless claims data NEW YORK: US Treasury prices clung to earlier losses on Thursday as first-time filings on domestic jobless claims rose in line with forecast in the latest week, suggesting steady improvement in the labor market. Benchmark 10-year Treasury notes were down 7/32 in price with a yield of 1.502 percent, up more than 2 basis points from late on Wednesday. Copyright Reuters, 2016 ...

Markets - Fixed Income - Americas

US 30-year yield closes in on record low NEW YORK: The US 30-year Treasury yield slipped on Wednesday, approaching record lows, in a scramble for long-dated bonds on worries about sluggish global growth and bets on more unconventional stimulus measures from major central banks.Yields on other Treasury maturities edged up as investors reduced bond holdings on a rebound in stock and commodity prices for a second day following a rout triggered by Britain's stunning vote to leave the European Union.The yield on the ...

Markets - Fixed Income - Americas

US bond prices hold losses after US GDP data NEW YORK: US Treasury prices held their earlier decline on Tuesday as the government's final reading on economic growth in the first quarter was revised up to 1.1 percent, within analyst forecasts but not strong enough for inflation to accelerate. Benchmark 10-year Treasury notes were last down 4/32 in price with a yield of 1.473 percent, up 1 basis point from late on Monday. The 10-year yield touched a near four-year low of 1.0406 percent ...

Markets - Fixed Income - Americas

Prices tumble as expectations of British EU exit drop NEW YORK: US Treasury prices fell on Thursday on growing confidence that Britain will vote to remain in the European Union, as new opinion polls indicated that the campaign to stay in the EU was in the lead.A telephone survey by polling firm ComRes, conducted for the Daily Mail newspaper and ITV television showed the "Remain" campaign had a 48 percent to 42 percent lead over "Leave."At almost the same time, another poll by YouGov ...

Markets - Fixed Income - Americas

Bonds steady ahead of British referendum NEW YORK: US Treasuries were steady on Wednesday as investors focused on whether the Britain will vote to leave the European Union on Thursday, and before Federal Reserve Chair Janet Yellen was due to testify before lawmakers in Washington for a second day.British polls show a tight race between the "Remain" and "Leave" camps. Investors have been assuming a lower chance that Britain will leave the EU, after the murder last week of a pro-EU ...

Markets - Fixed Income - Americas

US yields rise as Brexit fears diminish NEW YORK: US benchmark Treasury yields rose on Friday for the first time in nearly two weeks as investors repriced the odds that Britons will vote next week to exit the European Union, and as UK politicians halted campaigning on the referendum following the killing of member of parliament Jo Cox. Cox, a supporter of the campaign for the UK to remain in the EU, was stabbed and shot in her constituency on Thursday and ...