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Last update: Sat, 01 Oct 2016 05pm

Asia

Markets - Fixed Income - Asia

China money rates slip on week, Treasury yields rise from 7-year lows SHANGHAI: China's primary money rates fell this week, but Treasury yields rose from seven-year lows as investors took profits from bonds' recent rally.The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered the best indicator of general liquidity in China, was 2.2555 percent, down seven basis points (bps) on the week.The central bank kept short rates steady this week with its second consecutive net fund injection through open markets.After touching a new seven-year low on Monday, Chinese Treasuries sold off for the remainder of the week as investors took profits following the record run and as equities touched seven-month highs.Ten-year Chinese Treasury yields were trading at 2.73 percent on Friday morning, after falling to as low as 2.64 percent on Monday.Still, analysts were broadly constructive on the outlook for Chinese government debt, given concerns about the health of the corporate sector and low interest rates ...

Markets - Fixed Income - Asia

JGBs lifted by weaker Nikkei, steady 5-year auction TOKYO: Japanese government bond prices rose on Thursday, lifted by a weaker Nikkei and firmer U.S. Treasuries.The debt market was also buoyed after it witnessed steady investor demand at an auction for five-year government bonds.The benchmark 10-year JGB yield was down half a basis point at minus 0.090 percent and the 30-year yield slipped 1.5 basis points to 0.340 percent.The bid-to-cover ratio, a gauge of demand, at the 2.4 trillion yen ($24 billion) five-year sale ...

Markets - Fixed Income - Asia

China home prices rise 7.9pc y/y in July BEIJING: Average new home prices in China's 70 major cities rose 7.9 percent in July from a year earlier, an official survey showed on Thursday. That compared with a 7.3 percent increase in June.Home prices in Shenzhen and Xiamen had the biggest surge, rising 40.9 percent and 39.2 percent, respectively, from a year ago.The booming property market has been a key driver of China's economic growth in the first half of the year as weak ...

Markets - Fixed Income - Asia

JGBs mostly gain as strong 30-year sale pulls yields off highs TOKYO: Japanese government bonds mostly firmed on Tuesday as a strong 30-year auction reassured investors' fears about demand in the wake of last week's selloff.The benchmark 10-year JGB yield fell 2.5 basis points to minus 0.080 percent, down from an earlier high of minus 0.030 percent. September 10-year futures were up 0.35 point at 151.53 in afternoon trading after rising as high as 151.56 soon after the auction results were released.The Ministry of Finance offered ...

Markets - Fixed Income - Asia

JGBs slip in line with Treasuries, higher equities TOKYO: Japanese government bonds fell on Monday, with the 30-year yield rising to a 4-month high as equities rose and U.S. Treasuries dipped after upbeat U.S. employment data.The benchmark 10-year JGB yield added 4.5 basis points (bps) to minus 0.055 percent, down from an earlier high of minus 0.045 percent and within sight of last week's high of minus 0.025 percent.The Nikkei stock index rose to one-week highs, buoyed by gains on Wall Street and ...

Markets - Fixed Income - Asia

JGBs mostly edge down, benchmark firms on dip-buying TOKYO: Japanese government bonds mostly edged lower on Thursday as investors took a breather ahead of Friday's U.S. jobs data, though the benchmark 10-year JGB firmed on dip-buying after its yield spiked to a 4 1/2-month high earlier this week.The benchmark 10-year JGB yield inched down half a basis point to minus 0.095 percent, down from an earlier high of minus 0.070 percent.It jumped as high as minus 0.025 percent on Tuesday, when JGBs marked ...

Markets - Fixed Income - Asia

JGBs stabilize after worst selloff in three years TOKYO: Japanese government bonds stabilized on Wednesday following the previous session's steep selloff, with the benchmark yield edging lower but the superlong zone modestly weakening.The yield on the 40-year Japanese government bond rose to a 3 1/2-month high, a day after the government said it planned to issue more bonds in that maturity.JGBs saw their worst sell-off in more than three years on Tuesday against a backdrop of fear that the Bank of Japan might ...