05282016Sat
Last update: Sat, 28 May 2016 09am

Americas

Markets - Fixed Income - Americas

Bond prices advance as stocks, commodities fall NEW YORK: US Treasuries prices gained on Monday as global equity prices fell amid concerns over sluggish economic growth in China and falling commodity prices, ahead of Friday's highly anticipated employment report. Worries about global growth have reduced investor appetite for risk and increased demand for safe-haven bonds, even as US data shows a still-strengthening economy. A 30 percent plunge in shares of mining giant Glencore traded in London, and an 8.8 percent drop in Chinese industrial firms' profits triggered the most recent investor anxiety, dragging down copper below $5,000 a ton. "We are still trapped between the various parts of the global market that aren't doing well and expectations for good US data," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. Yields briefly rose from their session lows on Monday after New York Federal Reserve President William Dudley said he expects the US central ...

Markets - Fixed Income - Americas

US bonds fall with Bunds on euro zone growth data NEW YORK: US Treasuries prices fell on Wednesday along with their German counterparts as data showing an expected slight fall in euro zone manufacturing growth reduced anxiety about global growth that was briefly heightened by a dismal reading on China's economy. Euro zone business growth slowed this month, a survey showed. Markit's Composite Flash Purchasing Managers' Index came in at 53.9, down from 54.3 in August. A Reuters poll had predicted a dip to 54.1. ...

Markets - Fixed Income - Americas

US bond prices rise on stock market sell-off NEW YORK: US Treasuries prices rose on Tuesday as a sell-off in stock and commodity markets worldwide stemming from lingering worries about the global economy revived safehaven demand for lower-risk government debt. The bond market recouped some of Monday's losses linked to competition from higher-yielding corporate bond supply and several top Federal Reserve officials suggesting a rate increase by year-end is on the table. A 19 percent drop in the share price of Volkswagen weighed ...

Markets - Fixed Income - Americas

Yields extend declines on doubts over 2015 Fed rate hike NEW YORK: US Treasury yields fell on Friday, extending the previous day's declines after the Federal Reserve kept interest rates unchanged Thursday and doubts grew as to whether it would tighten policy at all this year. The Fed held off on a move in a bow to worries about the global economy, financial market volatility and sluggish inflation at home. But it left open the possibility of a modest policy tightening later this year. Analysts ...

Markets - Fixed Income - Americas

Yields tumble after Fed leaves rates unchanged NEW YORK: US Treasury yields fell on Thursday, with two-year yields declining the most in one day in six and a half years, after the Federal Reserve kept rates unchanged after its two-day policy meeting. US two-year note yields fell about 13 basis points to a nearly two-week low of 0.68 percent after the Fed kept rates unchanged in a nod to concerns about a weak world economy, but left open the possibility of a ...

Markets - Fixed Income - Americas

Yields remain high on Bund yield jump, Fed uncertainty NEW YORK: US Treasury yields remained elevated on Wednesday in response to higher German Bund yields, while traders' uncertainty on whether the Federal Reserve would hike rates Thursday also kept US yields high. German Bund yields shot higher for a second day, with benchmark 10-year Bund yields hitting a nearly two-week high of 0.80 percent. The continued move higher was largely a result of new supply entering the market during thin trading. US two-year note ...

Markets - Fixed Income - Americas

Prices gain as stocks fall, before next week's Fed meeting NEW YORK: US Treasury prices gained on Friday as stocks fell and as investors focused on whether the Federal Reserve is likely to raise interest rates for the first time in almost a decade when it meets next week.Investors have reduced expectations that the US central bank will act next week due to stock market turmoil from concerns over Chinese and global growth.If the Fed does not raise rates, it may still suggest that an ...