01172017Tue
Last update: Tue, 17 Jan 2017 07am

Asia

Markets - Fixed Income - Asia

JGBs edge lower, BOJ skips debt buying operation TOKYO: Japanese government bond prices edged lower on Monday, with the market weighed down as the Bank of Japan refrained from conducting a regular debt purchasing operation.The two-year JGB yield rose half a basis point to minus 0.180 percent, while the 30-year yield climbed 1 basis point to 0.680 percent.Trade was subdued as JGBs lacked the usual leads from equities and currencies as many major financial markets were closed on Monday for Christmas holidays.Copyright Reuters, 2016 ...

Markets - Fixed Income - Asia

JGBs mostly flat, superlongs step back after recent gains TOKYO: Japanese government bond prices were largely unchanged on Thursday but superlong bonds eased slightly in late trade on unwinding of recent buys after the Bank of Japan's move to support those maturities last week.The JGB issue plan for the fiscal year beginning next April announced by the Ministry of Finance was mostly in line with market expectations and did not produced any reaction, market players said.The benchmark 10-year JGB yield was flat at 0.055 ...

Markets - Fixed Income - Asia

JGBs firm in thin trade ahead of holidays, underpinned by BOJ TOKYO: Japanese government bond prices edged higher in thin trading on Wednesday, as investors wound down for the upcoming holidays.The benchmark 10-year yield fell 0.5 basis point (bp) to 0.060 percent, while 10-year JGB futures finished up 0.08 point at 149.81.In the superlong zone, the 20-year JGB yield fell 1 bp to 0.555 percent, while the 30-year JGB yield shed 0.5 bp to 0.660 percent,Underpinning JGBs, Bank of Japan Governor Haruhiko Kuroda on Tuesday quashed ...

Markets - Fixed Income - Asia

JGBs edge up after BOJ keeps policy rates steady TOKYO: The prices of Japanese government bond ticked up on Tuesday after the Bank of Japan kept its policy steady, a move that appears to set it apart from the other central banks that are scaling back stimulus.The BOJ maintained its twin targets of minus 0.10 percent interest on some excess reserves and the zero percent 10-year government bond yield.Although such an outcome was widely expected, there was speculation that the BOJ could indicate it ...

Markets - Fixed Income - Asia

JGBs stabilise, but super-long bonds slip after rally last week TOKYO: The price of Japanese government bonds of up to 10 years to maturity held firm on Monday as seemingly-relentless rises in U.S. bond yields appeared to have paused for now, but the longer end of the curve slipped on profit-taking after their rally.The short end of the curve drew support also from the Bank of Japan, which offered to buy maturities between one to 10-years on Monday - a move that surprised some market ...

Markets - Fixed Income - Asia

South Korea readies bond stabilisation fund as yields spike SEOUL: South Korean authorities are making preparations to re-mobilise a bond stabilisation fund in a bid to ease any credit crunch in local bond markets as political uncertainties at home and a rise in US interest rates threaten to spark market volatility. Hours after the US Federal Reserve raised rates for the first time in about a year, South Korea's Vice Finance Minister Choi Sang-mok said on Thursday the government would "finish working level preparations ...

Markets - Fixed Income - Asia

JGBs slip, taking cue from US Treasuries on hawkish Fed TOKYO: Japanese government bond prices fell on Thursday, with the benchmark 10-year JGB yield matching this week's 10-month high in the wake of a rise in U.S. Treasury yields after the Federal Reserve projected a greater number of interest rate hikes next year.The benchmark 10-year yield added 2.5 basis points (bps) to 0.080 percent, while 10-year JGB futures finished down 0.25 point at 149.72.The Federal Reserve's 25 basis-point interest rate increase on Wednesday was widely ...