09262016Mon
Last update: Mon, 26 Sep 2016 10am

Asia

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 economists, however, still believe it will ease policy further at its meeting in late July, by ramping up asset purchases or cutting rates deeper into negative territory.JGB yields hit session lows ahead of the BOJ's decision after Treasury yields dropped in the wake of the U.S. Federal Reserve's move overnight to hold policy steady and cut its economic growth expectations.The 10-year JGB yield added half a basis point to minus 0.190 percent, after plumbing a ...

Markets - Fixed Income - Asia

China's central bank begins publishing bonds yield curve starting June 15 BEIJING: China's central bank will begin publishing the yield curve for government and other bonds, starting from June 15, it said on Wednesday.Copyright Reuters, 2016 ...

Markets - Fixed Income - Asia

JGB yields touch new record lows as Brexit fears hurt stocks TOKYO: Japanese government bond yields dropped to new record lows on Tuesday as fears that Britain will vote to leave the European Union hurt equities and sent investors scurrying into safe-haven debt.The benchmark 10-year JGB yield fell as low as minus 0.170 percent, before edging back to minus 0.165 percent.The 20-year yield was down half a basis point at 0.165 percent after touching 0.155 percent, also a fresh record low.JGB yields pulled back slightly from ...

Markets - Fixed Income - Asia

China's investment growth slows, bucking signs of stabilisation BEIJING: China's fixed asset investment, an important gauge of infrastructure spending, slowed to its weakest pace in 16 years, government statistics showed Monday, a worrying trend despite other signs of economic stabilisation in the Asian giant.The moderation comes after a record credit binge in the first quarter of the year, a splurge aimed at stimulating China's slowing economy.Fixed asset investment rose 9.6 percent in the first five months of the year, according to the National ...

Markets - Fixed Income - Asia

JGB 30-year yield hits record low as risk aversion heightens TOKYO: The 30-year Japanese government bond yield slipped to a record low on Monday amid rising risk aversion, sending Tokyo's Nikkei to a five-week trough.The 30-year yield was down 2.5 basis points at 0.245 percent , a historic low.Safe haven assets like government bonds have been boosted on growing concerns a referendum next week could push Britain out of the European Union and hurt the global economy.Copyright Reuters, 2016 ...

Markets - Fixed Income - Asia

JGBs firm after strong 5-year sale results TOKYO: Japanese government bonds were higher on Thursday, led by 5-year JGBs after strong demand at an auction of those notes.The Ministry of Finance offered 2.4 trillion yen ($22.51 billion) of 5-year JGBs with a 0.10 percent coupon.The notes sold at a low price of 101.67, and drew bids of 4.66 times the amount offered, above the previous sale's bid-to-cover ratio of 4.15 times.The tail between the average and lowest accepted prices shrank to 0.01 ...

Markets - Fixed Income - Asia

China home prices seen up 6.3pc in 2016 even as govt controls expand BEIJING: China's home prices are expected to rise modestly this year and next, with property controls likely to be extended to more cities as major markets heat up, a Reuters poll showed. A recovery in the housing market, which accounts for 15 percent of gross domestic product, has helped stabilise economic growth this year and has provided a boost to the construction industry while also lifting prices of many commodities.However, with home values surging in ...