02082016Mon
Last update: Mon, 08 Feb 2016 04am

Americas

Markets - Fixed Income - Americas

Bonds steady after weak data, ECB purchases boost demand NEW YORK: US Treasury debt prices were little changed on Wednesday, after weaker than expected economic data earlier in the day added to bets that the Federal Reserve is likely to wait longer to raise interest rates.US industrial output posted its biggest drop in more than 2-1/2 years in March in part as oil and gas well drilling plummeted, highlighting the negative impact of lower crude prices and a strong dollar on the economy."The data were slightly soft, it's somewhat weather-related. That has at the margin supported the Treasury market," said Dan Mulholland, head of Treasuries trading at Credit Agricole in New York.New York Federal Reserve data also showed that growth in manufacturing activity in New York state unexpectedly contracted in April, weakening for a third straight month as the pace of new orders fell to a multi-year low.US economic activity continued to expand from mid-February through the end of ...

Markets - Fixed Income - Americas

Yields drop as retail sales miss expectations NEW YORK: US Treasury yields fell on Tuesday after data showed that retail sales rose in March at a slower pace than expected, adding to bets the Federal Reserve is unlikely to increase interest rates in June.The Commerce Department said retail sales increased 0.9 percent. Economists polled by Reuters forecast retail sales rebounding 1 percent."It's lower than consensus," said Sean Murphy, a Treasuries trader at Societe Generale in New York. "This is slightly helping to ...

Markets - Fixed Income - Americas

Bonds steady before heavy data week NEW YORK: Treasuries were steady on Monday before a busy week of data that will be scrutinized for further signs that US economic growth is slowing.Investors will focus on retail sales on Tuesday, manufacturing indicators on Wednesday and Thursday, and consumer prices and sentiment on Friday.Weaker-than-expected jobs growth in March and a more dovish Fed has added to expectations that the US central bank will wait longer before raising interest rates. Until the recent spate ...

Markets - Fixed Income - Americas

US yields rise on jobless data, weak auction NEW YORK: US Treasuries yields rose on Thursday due to poor demand at a $13 billion auction of 30-year bonds and a smaller-than-expected rise in weekly jobless claims that soothed some worries about domestic jobs growth. Greece making a 450 million euro loan payment to the International Monetary Fund also reduced earlier safety bids for US government debt, as it supported the view the cash-strapped nation will obtain further aid from its lenders.The bond market ...

Markets - Fixed Income - Americas

Prices slide after Friday's US jobs report-related gains NEW YORK: US Treasury debt prices dropped on Monday in thin trading, giving up gains from the previous session after an unexpectedly weak nonfarm payrolls report that might have pushed out the timing of an interest rate increase from the Federal Reserve. Yields on benchmark US 10-year and two-year notes rose from two-month lows, but the trend remained negative given the uncertain interest rate outlook. Bond yields move inversely to prices."Part of the sell-off in ...

Markets - Fixed Income - Americas

US Treasuries rally, equity futures drop after jobs data NEW YORK: US Treasuries prices rallied, the US dollar fell and stock index futures fell on Friday after weaker-than-expected March US jobs data. US Labor Department data showed employers added just 126,000 jobs in March, the smallest monthly increase in more than a year.The figure was well below forecasts for a gain of 245,000, according to a Reuters poll of economists. Bond prices rose sharply, pushing the benchmark 10-year Treasury note yield to its lowest ...

Markets - Fixed Income - Americas

Prices slip on surprising US jobless claims NEW YORK: US Treasury debt prices declined on Thursday, with yields on benchmark 10-year notes backing away from two-month lows amid fresh signs America's labor market continues to grow. In light trading ahead of Friday's frequently market moving US monthly employment report, prices of 10-year Treasuries were last off 10/32 and yielding 1.9039 percent, according to Thomson Reuters data.The 30-year bond, which rallied strongly on Wednesday after the ADP National Employment Report showed private-sector job ...