09292016Thu
Last update: Thu, 29 Sep 2016 11am

Americas

Markets - Fixed Income - Americas

US yields rise, track Europe gains after less-dovish Draghi NEW YORK: US Treasury yields rose on Thursday, in line with European bonds, after European Central Bank President Mario Draghi left the door open for additional monetary policy easing but gave no indication that more stimulus was actually coming.The rise in yields, which move inversely to prices, was being driven by the long-end of the curve, notably US 30-year bonds, whose yields rose for a second straight session.Draghi said on Thursday the bank was looking at options to ensure it could pursue its unprecedented money-printing program, with euro zone inflation still way below its official target. However he said an extension of its 80-billion-euro monthly asset purchases was not discussed at the meeting.Germany's 10-year Bund yield was up at minus 0.090 percent , while 30-year bond yields rose to 0.459 percent .Italian, Spanish and Portuguese 10-year government bond yields rose as much 6-7 basis points each."The (German) bund weakness have ...

Markets - Fixed Income - Americas

Yields flat after mixed data; Friday jobs report in focus NEW YORK: US Treasury yields were little moved on Thursday after weak US manufacturing data contrasted with strong overseas manufacturing numbers and US jobless claims data that beat expectations as investors tried to position ahead of Friday's US non-farms payrolls report.Treasuries sold off in early trading with prices sinking after a report showed growth in China's manufacturing sector expanded last month at the fastest pace in nearly two years, and a measure of manufacturing in ...

Markets - Fixed Income - Americas

Prices rise on foreign demand, hold gains after spending data NEW YORK: US Treasury prices rose on Monday as investors bought Treasuries following a market selloff Friday that took yields on benchmark 10-year notes to their highest since Britain's surprise vote to exit the European Union late in June.Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on Friday, perceived as raising the likelihood of the Fed boosting short-term interest rates this year, spurred selling in Treasuries and provided an opening for ...

Markets - Fixed Income - Americas

US bond prices fall on profit-taking NEW YORK: US Treasury prices fell on Friday as traders booked profits on recent gains ahead of next week's government debt supply and a meeting of global central bankers where Federal Reserve Chair Janet Yellen is scheduled to speak.The US Treasury Department will sell a combined $88 billion in two-year, five-year and seven-year notes next week.Weaker sovereign bond prices in Europe also exerted downward pressure on their US counterparts on light volume and in the ...

Markets - Fixed Income - Americas

Euro zone bond yields fall as US Fed minutes highlight split LONDON: Euro zone bond yields fell on Thursday as market expectations of a near-term US rate hike receded after minutes of the latest Federal Reserve meeting showed a split among policymakers. The minutes appeared to suggest more economic data would be needed before a decision was made. "The market is taking the Fed minutes as very dovish, so Treasuries are rallying, the dollar is falling," said Commerzbank analyst Christoph Rieger.German Bund futures rose 46 ticks ...

Markets - Fixed Income - Americas

US bond prices fall on Fed official's rate-hike view NEW YORK: US Treasury prices slipped on Monday, with the two-year yield touching a near three-week high in the wake of comments from the head of the New York Federal Reserve, who said the central bank may possibly raise interest rates in September if the economy improves further.New York Fed President William Dudley's comments concurred with data that showed moderate economic growth with inflation still running below the Fed's 2 percent goal."The market sell-off is ...

Markets - Fixed Income - Americas

US bond prices fall on stocks, corporate supply NEW YORK: US Treasury prices fell on Monday, with benchmark yields rising from near two-week lows as hopes of more overseas central bank stimuli stoked demand for stocks and other risky assets, reducing demand for low-yielding government debt.Hedging linked to this week's corporate bond supply also spurred selling in Treasuries, analysts said.Higher oil prices, boosted by hopes producers would act to stabilize the market, together with bets the Bank of Japan may provide more measures ...