Asia
Friday, 24 May 2013 11:05
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TOKYO: Japanese government bond prices fell on Friday as stocks clawed back some of their steep losses in the previous session, though the benchmark yield remained well shy of the one percent threshold touched a day before.The yield on the 10-year cash bonds added 4.5 basis points to 0.875 percent after rising as high as 0.905 percent earlier. On Thursday, it rose as high as one percent for the first time since April 2012.The 10-year JGB futures contract ended morning trade down 0.58 point at 141.93 after falling as low as 141.64."The JGB market is back to normal today, or what passes for normal lately," said a fixed-income consultant at a European bank in Tokyo.The Nikkei share average regained ground on Friday after a 7.3-percent dive in the previous session, its biggest one-day percentage drop in two years after weak Chinese factory data spooked investors.Japanese Prime Minister Shinzo Abe said ...
SINGAPORE: Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally after Federal Reserve Chairman Ben Bernanke's remarks sparked worries of a reduction in US monetary stimulus.Bernanke's comments, suggesting the Fed's massive bond purchases could be scaled back in the next few policy meetings if the economy improves further, triggered a reaction across a swathe of markets, lifting the dollar to a three-year high ...
TOKYO: US 10-year Treasuries skidded in Asian trading on Monday, pushing benchmark yields to two-month highs, as the US dollar rose to a fresh 4-1/2-year peak against the yen.The yen fell as low as 102.15 yen against the dollar, after the Group of Seven finance officials avoided censuring Japan's efforts to pull itself out of deflation, which have weakened its currency.Instead, G7 officials gave a tacit nod on Saturday to Japan's bold policies.Fixed-income market sentiment ...
SINGAPORE: US 10-year Treasuries sagged on Friday, after the previous day's jobless claims data eased some concern about the economy's outlook and as the dollar's rise to a four-year high versus the yen weighed on sentiment.The 10-year yield hit a one-month high of about 1.844 percent earlier, its highest level since early April. Ten-year notes were last down 8/32 in price and the 10-year yield stood at 1.841 percent, up roughly 3 basis points from ...
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