12032016Sat
Last update: Sat, 03 Dec 2016 10pm

Americas

Markets - Fixed Income - Americas

Yields lowest since February on safety buying NEW YORK: US Treasury yields fell to more than three-month lows on Friday as European sovereign debt yields plunged on continuing concerns about a potential British exit from the European Union and global growth.Ten-year yields in Germany, Japan and the United Kingdom all struck record lows on Friday. German Bund yields, the benchmark for borrowing costs across the euro zone, have fallen almost 10 basis points in little over a week to as low as 0.021 percent ."There is some flight to safety because of concerns about 'Brexit'," said Lou Brien, a market strategist at DRW Trading in Chicago.Benchmark 10-year notes were last up 7/32 in price to yield 1.656 percent, the lowest since Feb. 24. The notes have technical resistance at around 1.60 percent, and a fall below this level would likely trigger further yield drops, said Brien.Plunging yields across the globe have increased the relative attractiveness of Treasuries, ...

Markets - Fixed Income - Americas

Yields drop to 3-1/2 month lows on global growth concern NEW YORK: US Treasury yields fell to three-and-a-half month lows on Thursday as falling oil and stock prices increased demand for safe haven debt amid concerns about global growth.British and German sovereign debt yields fell to record lows on Thursday, driven by concerns about Britain's referendum on European Union membership later this month and the European Central Bank's commencement of its corporate bond purchase program.That has further increased the attractiveness of Treasuries, which offer far ...

Markets - Fixed Income - Americas

Bonds steady before 10-year note auction NEW YORK: US Treasuries were steady on Wednesday before the government is due to sell $20 billion in 10-year notes, the second sale of $56 billion in new coupon-bearing supply this week.With no major economic releases due this week, investors are focused on Treasury supply and next week's Federal Reserve meeting, when the US central bank is expected to leave interest rates unchanged.Traders have pushed back rate-hike expectations to September at the earliest, after Friday's ...

Markets - Fixed Income - Americas

Venezuela crisis is opportunity for foreign bond investors NEW YORK/LONDON: As Venezuela's economy teeters on the edge of collapse and some people go hungry, a growing number of foreign investors are reaping outsized returns betting on the oil-rich nation's depressed debt. Venezuela's bonds have sunk so low amid a deep crisis that even if it defaults on its debt, bondholders reckon there will still be rewards when the South American country eventually recovers, helped by its huge reserves of crude.Venezuelan dollar bonds on ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

Markets - Fixed Income - Americas

Bonds steady as Fed rate view in focus NEW YORK: US Treasuries were steady on Tuesday as investors evaluated when the Federal Reserve is likely to next raise interest rates, a day after Fed Chair Janet Yellen was viewed as taking a less hawkish view on rate hikes.In a highly anticipated speech on Monday Yellen gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are coming but, in an omission that stood out to some investors, gave ...

Markets - Fixed Income - Americas

Yields end day higher as Yellen sees rate hikes NEW YORK: US Treasuries reversed some price declines but still ended weaker on Monday after Federal Reserve Chair Janet Yellen said a strengthening economy means that interest rate increases are likely on the way, while also acknowledging Friday's disappointing employment report."Positive economic forces have outweighed the negative" for the United States now that risks from earlier this year have diminished, Yellen said.In her public comments, the last by any US central banker before next week's ...