06252016Sat
Last update: Sat, 25 Jun 2016 05pm

Asia

Markets - Fixed Income - Asia

JGBs mixed ahead of Brexit vote, underpinned by 20-year sale TOKYO: Japanese government bonds were mixed on Thursday, with prices of longer maturities lifted by solid results of a 20-year auction. Trading was cautious as British voters prepared to cast their ballots later in the session in a closely divided referendum on whether to leave or remain in the European Union, with the latest polls suggesting it might opt to stay.The Bank of Japan may need to ease monetary policy if the British referendum outcome were to trigger a market shock that could deal a severe blow to the economy, board member Takahide Kiuchi said on Thursday.The benchmark 10-year JGB yield added half a basis point to minus 0.145 percent after earlier rising to a two-week high of minus 0.130 percent, while 10-year JGB futures edged down 0.03 point to end at 152.13.The Ministry of Finance offered 1.1 trillion yen ($10.51 billion) of 20-year JGBs with a 0.20 percent coupon.The ...

Markets - Fixed Income - Asia

JGBs mostly edge up, underpinned by BOJ purchases TOKYO: Japanese government bonds mostly edged up on Wednesday, underpinned by Bank of Japan buying as well as wariness on the eve of Britain's vote on whether to remain in the European Union. Latest opinion polls have mostly shown a shift towards keeping Britain in the EU, while there are signs that momentum has stalled for the 'In' camp and the vote still looks too close to call.Japan's central bank offered to buy a total ...

Markets - Fixed Income - Asia

JGBs edge down as risk aversion continues to fade TOKYO: Japanese government bond prices edged down on Tuesday amid an ebb in risk aversion that favoured equities over safe-haven debt.The benchmark 10-year JGB yield rose half a basis point to 0.145 percent, putting further distance between a record low of minus 0.210 percent last week. The 20-year yield also rose half a basis point, to 0.195 percent.Government bonds like JGBs, German bunds and US Treasuries rallied earlier this month as Brexit worries gripped global ...

Markets - Fixed Income - Asia

JGBs slip as investors' risk appetite returns TOKYO: Japanese government bonds slipped on Monday, as risk appetites were strengthened by opinion polls showing British voters have swung and now favour remaining in the European Union.The longer zone faced the brunt of Monday's selling after the Bank of Japan bought only shorter maturities in its asset purchase operations, though losses were pared in the afternoon as some investors bought on dips, market participants said.The 20-year yield added 2.5 basis points to 0.190 , ...

Markets - Fixed Income - Asia

China home prices rise faster in May as smaller cities join rally HONG KONG: Sizzling home price rises in China's biggest cities showed signs of easing in May but sharp gains appeared to be spreading to smaller cities, making policymakers' job harder as they look to support the faltering economy without inflating bubbles. The recovery in China's property market since late last year has been a rare bright spot in the world's second-largest economy, which has been slowing amid weak demand at home and abroad, cooling investment ...

Markets - Fixed Income - Asia

JGBs tumble, yields rise off this week's record lows TOKYO: Japanese government bonds skidded on Friday, with yields soaring off record lows notched in the previous session and the superlong tenor bearing the brunt of the selling.The 20-year yield jumped 7.5 basis points to 0.170 after plumbing a record low 0.090 percent on Thursday. The 30-year yield rose 8.5 basis points to 0.230 percent, moving away from a record low 0.150 percent marked in the previous session.The 10-year JGB yield added 5.5 basis points ...

Markets - Fixed Income - Asia

JGBs off session highs after BOJ holds policy steady TOKYO: Japanese government bond yields edged away from record lows hit earlier in the session on Thursday, after the Bank of Japan decided not to expand its massive stimulus programme.The BOJ held monetary policy steady as expected at the conclusion of its two-day meeting, lifting the yen and sending Tokyo stocks down 2 percent.The central bank maintained its negative interest rate policy adopted in February, which has pushed yields on most JGBs below zero. Most ...