09292016Thu
Last update: Thu, 29 Sep 2016 08pm

Europe

Markets - Fixed Income - Europe

Euro zone yields slide, Spanish, Italian yields set for biggest weekly fall since 2012 LONDON: Borrowing costs across the euro zone sank to new lows on Friday, with yields in Spain, Italy and Ireland set for their biggest weekly fall in almost four years on rising expectations of central bank policy action following Brexit. Spain and Italy, where 10-year yields hit their lowest in more than a year, saw the most pronounced market moves amid talk about changes to the European Central Bank's asset purchase programme that could benefit southern Europe.Bank of England Governor Mark Carney said late on Thursday the central bank would probably need to pump more stimulus into Britain's economy over the summer after the shock of last week's decision by voters to leave the EU, adding fuel to a stellar rally in global bond markets.Ten-year yields in France, the Netherlands, Ireland and Britain set new record lows, while US Treasury yields tumbled to four-year lows, within striking distance of all-time ...

Markets - Fixed Income - Europe

Euro zone yields edge up, Bund yields face biggest monthly fall since Jan LONDON: Euro zone government bond yields lifted off record lows on Thursday as rallying stocks drew investors away from low-risk bonds, but post-Brexit uncertainty still left German Bund yields on track for their biggest monthly fall since January. French, Irish and Dutch 10-year yields, which touched record lows on Wednesday on hopes for more European Central Bank stimulus to limit the negative impact of Britain's vote to leave the European Union, all edged higher.German 10-year ...

Markets - Fixed Income - Europe

UK 30-year gilts set new record despite easing risk backdrop LONDON: British 30-year government bond yields sank to a fresh record low on Wednesday, despite a more upbeat general risk sentiment that boosted sterling and shares, and helped shorter-dated debt climb off a recent trough. Thirty-year yields hit a record low of 1.769 percent at 1135 GMT, and were still 3 basis points down on the day at 1.78 percent at 1318 GMT. Twenty-year yields also hit a record low of 1.654 percent, while 10-year ...

Markets - Fixed Income - Europe

German Bund yields forecast to fall further sub-zero, ratcheting up pain for ECB LONDON: German 10-year government bond yields could fall close to minus 0.5 percent in the wake of last week's Brexit vote, pressuring the ECB to cut its deposit rate to ensure it can complete its 1.7 trillion euro stimulus scheme.Several big banks have lowered their forecasts for the German 10-year yield, the euro zone's most important market interest rate, since Britain's shock vote drove it to a record low of minus 0.17 percent as investors ...

Markets - Fixed Income - Europe

German Bund yields forecast to fall further sub-zero, ratcheting up pain for ECB LONDON: German 10-year government bond yields could fall close to minus 0.5 percent in the wake of last week's Brexit vote, pressuring the ECB to cut its deposit rate to ensure it can complete its 1.7 trillion euro stimulus scheme.Several big banks have lowered their forecasts for the German 10-year yield, the euro zone's most important market interest rate, since Britain's shock vote drove it to a record low of minus 0.17 percent as investors ...

Markets - Fixed Income - Europe

France's 10-year bond yield hits record low, Spanish yields tumble LONDON: France's 10-year bond yield touched a fresh record low early on Wednesday amid expectations for further monetary stimulus to offset the negative impact of last week's Brexit vote on the euro zone economy. The French 10-year bond yield fell to as low as 0.235 percent.Southern European bond yields tumbled 4-5 basis points, with Spain's 10-year bond yield falling to 1.273 percent - its lowest level since April last year.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Spain's 10-year yields fall below Italy's, tightest spread since July 2015 LONDON: The yield on Spain's 10-year government bonds fell below its Italian counterpart for the first time in almost a year on Tuesday. Spanish bond yields, which posted their biggest one-day fall for two years on Monday on hopes of an end to political deadlock, fell a further 13 basis points on Tuesday to 1.33 percent.Italian 10-year yields fell 8 bps to 1.35 percent but the gap between those and Spanish peers was at its ...