09252016Sun
Last update: Sun, 25 Sep 2016 05am

Europe

Markets - Fixed Income - Europe

Italy 10-yearr bond yield gap vs Germany hits highest since Feb MILAN: The premium investors demand to hold Italian 10-year government bonds over equivalent German Bunds topped 144 basis points on Tuesday, the highest since late February, due to worries that Britain may vote to leave the European Union later this month. The 10-year bond yield gap between Italy and Germany stood at 144.6 basis points by 0848 GMT compared to 135.6 at close on Monday.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

UK 30-year gilt yield fall below 2 pct to record low after inflation data LONDON: British 30-year government bond yields pushed below 2 percent to a new record low on Tuesday after weaker-than-expected inflation data added to demand driven by uncertainty about next week's referendum on European Union membership.British annual consumer price inflation held steady at 0.3 percent in May, according to official figures released at 0830 GMT, missing expectations for it to edge up to 0.4 percent. Core inflation also came in below target.Thirty-year yields hit 1.99 percent ...

Markets - Fixed Income - Europe

Ireland to auction 500 million euros of T-Bills on Thursday DUBLIN: Ireland's debt agency will auction 500 million euros of six-month treasury bills on Thursday, the National Treasury Management Agency said on Monday. Ireland sold the same amount of six-month paper in March at a yield of -0.22 percent. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

UK gilt yields at new lows as EU vote doubts grip market LONDON: British government bond yields struck new record lows on Monday, pushed down by uncertainty about the outcome of next week's European Union membership referendum and by a rally in bonds around the world. A move by investors to buy up safe-haven gilts - which pushes down the yield - largely reflected nervousness around sterling assets ahead of the June 23 vote, which opinion polls show will be a close call.Earlier on Monday, the pound ...

Markets - Fixed Income - Europe

Spain to issue up to 11bn euros in debt this week MADRID: Spain will issue between 9 billion and 11 billion euros ($10 billion and $12 billion) in T-bills and bonds this week, the Treasury said on Monday. On Tuesday, the Treasury plans to issue between 4.5 billion and 5.5 billion euros in 6- and 12-month T-bills. On Thursday, Spain will auction between 4.5 billion and 5.5 billion euros of bonds due 2019, 2021, 2026 and 2040. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

UK 30-year borrowing costs hit record low LONDON: British 30-year government borrowing costs struck a new record low on Friday, reflecting a global bond rally spurred by uncertainty about the world economic outlook and the outcome of Britain's referendum on European Union membership. The 30-year gilt yield fell to an all-time low of 2.039 percent, down 3 basis points on the day, according to Reuters data and pushing past a previous record low of 2.040 percent set on Jan. 30, 2015. The ...

Markets - Fixed Income - Europe

Global bond rally puts Bunds within a whisker of zero yields LONDON: Germany's 10-year Bund yield hit a new record low on Friday and was within striking distance of zero, as worries about global growth and political risks ensured a bullish tone for safe-haven debt markets across the globe. As Bund yields took a step closer to negative territory, 30-year German bond yields fell to their lowest level in over a year. There has been little let-up in the downward march in yields across the world ...