08282016Sun
Last update: Sun, 28 Aug 2016 07am

Europe

Markets - Fixed Income - Europe

UK 30-year bond yields near 4-month low on global and Brexit nerves LONDON: British government bonds surged on Wednesday, pushing 30-year yields to their lowest in nearly four months, on the back of global economic worries and opinion polls showing a greater chance of a vote to leave the European Union on June 23.Benchmark 10-year gilts enjoyed their strongest one-day gains in four weeks as yields dropped more than 6 basis points to 1.37 percent by 1400 GMT, while 30-year yields touched their lowest since Feb. 11 at 2.160 percent.The gains came despite lacklustre demand at a sale of 2.75 billion pounds ($3.97 billion) of the benchmark 5-year gilt , which attracted bids worth just 1.60 times the amount on offer, the weakest investor appetite since March 2 for a conventional gilt."Risk appetite is clearly waning," said RIA Capital Markets fixed income strategist Nick Stamenkovic."We've had two or three opinion polls basically showing a swing back towards Brexit. That poses downside risks ...

Markets - Fixed Income - Europe

Bund yields fall as markets brace for month of big risk LONDON: Germany's 10-year bond yield fell on Wednesday, with demand for the safe-haven asset firm at the start of a month filled with big risk events such as a referendum in Britain on membership of the European Union.Market sensitivity to Brexit talk is increasing, with German and UK bond yields falling on Tuesday after two surveys by polling firm ICM showed British voters moving towards voting to leave the EU in the June 23 referendum."In ...

Markets - Fixed Income - Europe

Euro zone bond yields up on Yellen rate-hike hint, upbeat data LONDON: Euro zone government bond yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a US interest rate rise in June or July and data pointed to a brighter outlook for Europe's economy. The Fed should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, the Fed chief said on Friday. St. Louis Fed President James Bullard ...

Markets - Fixed Income - Europe

France to sell 8-9bn euros of bonds at auction next week PARIS: France will sell 8-9 billion euros ($8.9-$10.1 billion) of long-term bonds at a regular debt auction next week, the Agence France Tresor public debt management agency said on Friday. Among the bonds offered will be AFT's 2.25 percent OAT bond maturing May 2024, its 0.50 percent May 2026 line and its 3.25 percent May 2045 bond.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

German yields dip as US data dents Fed rate hike talk LONDON: Europe's benchmark German bond yield nudged down on Thursday, giving up an earlier rise after U.S. data showed weakness in business spending plans and dented talk of a near-term rise in U.S. interest rates.Orders for long-lasting U.S. manufactured goods jumped 3.4 percent in April on strong demand for transportation equipment and a range of other products, but continued weakness in business spending plans suggested the manufacturing rout was far from over.Non-defense capital goods orders ...

Markets - Fixed Income - Europe

Greek bond yields touch six-month lows after breakthrough in debt talks LONDON: Greek bond yields hit six-month lows on Wednesday, with short-term yields dipping below those on long-dated debt for the first time since March after euro zone finance ministers unlocked new funds for Athens and gave it a firm offer of debt relief. With fears of a Greek default easing, yields on short-dated Greek government bonds tumbled more than 140 basis points to around 6.75 percent, their lowest in six months. Greece's 10-year yield fell ...

Markets - Fixed Income - Europe

Britain may launch new 5- and 30-year bonds in July-September LONDON: British government bond dealers and investors recommended that the country's debt agency launch a new 5-year and a new 30-year bond between July and September, minutes from meetings between the two showed on Tuesday. They also suggested that the UK Debt Management Office's bond syndication for the quarter should be of the 0.125 percent index-linked gilt maturing in 2065, with support split between a July and a September sale.The debt agency said it would ...