Wednesday, 17 April 2013 17:23
Posted by Muhammad Iqbal
LONDON: Italian bonds rose on Wednesday, extending the previous day's gains after a bumper retail bond sale, highlighting a hunt for higher returns as monetary easing by global central banks depresses yields on low-risk debt.Italian bonds outperformed Bunds the euro zone's lowest-risk debt after a sale of inflation-linked bonds targeted at wealthy domestic investors on Tuesday raised 17 billion euros, beating the Treasury's predictions of just under 10 billion euros.Demand for euro zone debt is also benefiting from anticipation that Japanese buyers will seek higher returns in foreign bonds after the Bank of Japan's huge money printing plans which have kicked yields on domestic bonds to ultra-low levels."The global liquidity rush is helping to support peripheral bonds. We've seen this with the Italian bond sale and that has helped to maintain the positive sentiment," said Philip Tyson, a strategist at ICAP."The whole QE (quantitative easing) move out of Japan and ...
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LONDON: Italian bonds rose on Wednesday, extending the previous day's gains after a bumper retail bond sale, highlighting a hunt for higher returns as monetary easing by global central banks depresses yields on low-risk debt.Italian bonds outperformed Bunds the euro zone's lowest-risk debt after a sale of inflation-linked bonds targeted at wealthy domestic investors on Tuesday raised 17 billion euros, beating the Treasury's predictions of just under 10 billion euros.Demand for euro zone debt is also benefiting from anticipation that Japanese buyers will seek higher returns in foreign bonds after the Bank of Japan's huge money printing plans which have kicked yields on domestic bonds to ultra-low levels."The global liquidity rush is helping to support peripheral bonds. We've seen this with the Italian bond sale and that has helped to maintain the positive sentiment," said Philip Tyson, a strategist at ICAP."The whole QE (quantitative easing) move out of Japan and ...
LONDON: Italian bonds rose on Wednesday, extending the previous day's gains after a bumper retail bond sale, highlighting a hunt for higher returns as monetary easing by global central banks depresses yields on low-risk debt.Italian bonds outperformed Bunds - the euro zone's lowest-risk debt - after a sale of inflation-linked bonds targeted at wealthy domestic investors on Tuesday raised 17 billion euros, beating the Treasury's predictions of just under 10 billion euros.Focus turned to Germany's ...
LONDON: German Bund futures were little changed at the open on Tuesday with investors reluctant to make big bets before data which could provide clues on the European Central Bank's next policy move.German debt could resume a recent rally if euro zone inflation data and Germany's ZEW economic sentiment indicator due later this session support the case for a rate cut later this year.The ECB said during its last meeting it was ready to act ...
NEW YORK: Prices for US Treasuries rose on Monday as investors, worried about weaker growth in the United States and China, turned to safe haven investments such as government debt.The gains extended last week's rally, with benchmark yields touching the lowest in over a week.US data on Monday showed the pace of growth in New York state manufacturing slowed more than expected in April, the latest disappointing data point for the world's biggest economy.The decline ...
ISTANBUL: Turkish two year bond yields were steady and the lira eased slightly ahead of a central bank policy meeting on Tuesday that is expected to cut its main policy rate.By 0840 GMT the yield on the two-year benchmark bond stood at 5.74 percent, virtually unchanged from a close of 5.73 percent on Friday. Declines in the past two weeks have pushed yields near to a record low of 5.63 percent reached on Feb. 21.The ...
PARIS: France will sell between 7 and 8 billion euros of medium-term fixed-rate bonds and between 1 and 1.5 billion euros of inflation-linked OAT bonds at auction on April 18, the government's debt agency said on Friday.The lines on offer will be the 0.25 percent November 2015 OAT bond and the 1.0 percent May 2018 OAT, Agence France Tresor said.The 0.45 percent July 2016 BTANi, the 0.10 percent July 2021 OATi and the 1.85 percent ...
