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Last update: Wed, 31 Aug 2016 07am

Asia

Markets - Fixed Income - Asia

JGBs yield curve flattens on Brexit, long yields hit record lows TOKYO: Long-dated Japanese government bond yields fell to record lows while shorter yields were flat to slightly higher on Monday, as Britain's decision to leave the European Union led to expectations of more global economic stagnation.The 20-year JGB yield fell 3.0 basis points to 0.080 percent , having fallen 83.5 basis points since the BOJ adopted negative rates in late January.The 30-year yield also fell to a record low of 0.110 percent, having fallen more than 100 basis points after negative rates.On the other hand, short- to medium term paper were steady to weaker, with the 10-year yield flat at minus 0.200 percent ."This doesn't look like short-term risk-off trading. It's more about that growth will be sluggish longer-term," said Akito Fukunaga, chief fixed income strategist at Barclays.Such expectations of low global growth and evaporation of yields due to negative interest rates in Europe and Japan are pushing down bond ...

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 ...

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 ...