Showing posts with label U.S. Treasuries. Show all posts
Showing posts with label U.S. Treasuries. Show all posts

Wednesday, July 25, 2007

U.S. Treasuries Fall, Pushing 10-Year Yield up From Lowest in Seven Weeks

(Bloomberg) -- U.S. Treasuries fell, pushing the
yield of the 10-year benchmark note up by the most in almost two
weeks.

The yield on the benchmark 10-year note rose 2 basis points,
or 0.02 percentage point, to 4.92 percent as of 7:20 a.m. in
London, according to bond broker Cantor Fitzgerald LP. The price
of the 4 1/2 percent note due May 2017 declined 4/32, or $1.25
per $1,000 face value, to 96 24/32. Bond yields move inversely
to prices.


Read more at Bloomberg Bonds News

Monday, July 23, 2007

RPT-TREASURIES-Bonds dip from last week's rally

(Reuters) - NEW YORK, July 23 - U.S. Treasuries slipped on
Monday, lifting benchmark yields from Friday's six-week lows as
stocks rallied.




The gains in stocks tempted buyers back into riskier assets
and out of U.S. government bonds, which rallied last week on
safe-haven buying sparked by investor fears problems in the
subprime mortgage sector, which caters to borrowers with shaky
credit, were spreading through financial markets.


Read more at Reuters.com Bonds News

Sunday, July 22, 2007

U.S. Notes Rise as Investors' Risk Appetite Wanes, Asian Stocks Decline

(Bloomberg) -- U.S. Treasuries rose, with the yield
on 10-year notes falling to the lowest in almost two months, on
speculation investors sold stocks and sought the relative safety
of government debt.

The yield on the 4 1/2 percent 10-year note maturing in May
2017 fell 2 basis points, or 0.02 percentage point, to 4.93
percent as of 1:20 p.m. in Singapore, according to bond broker
Cantor Fitzgerald LP. The price rose 4/32, or $1.25 per $1,000
face amount, to 96 21/32. Bond yields move inversely to prices.


Read more at Bloomberg Bonds News

Friday, July 20, 2007

Emerging debt-Bonds fall as global credit jitters mount

(Reuters) - Overall emerging market returns fell 0.30 percent,
reversing Thursday's 0.23 percent gain, according to JP
Morgan's Emerging Markets Bond Plus Index .




Emerging bond spreads over U.S. Treasuries widened 7 points
to near a four-month high of 180 basis points, as investors
worldwide turned their back on credits with a taint of risk.


Read more at Reuters.com Bonds News

Thursday, July 19, 2007

TREASURIES-Bonds fall as jobless dip encourages profit-taking

(Reuters) - NEW YORK, July 19 - U.S. Treasuries eased on
Thursday as a sharper-than-expected drop in weekly jobless
claims offered a convenient excuse for investors to book
profits on a week of gains.




The lower trend in claims for jobless benefits points to a
relatively tight labor market, analysts said. "Inflation
pressures from tight capacity utilization will remain a concern
for the Fed," said T.J. Marta, fixed income strategist at Royal
Bank of Scotland.


Read more at Reuters.com Bonds News

U.S. Treasuries Decline After Gains in Stocks, Emerging Market Bonds

(Bloomberg) -- U.S. Treasuries declined as gains in
European and Asian stocks and emerging-market bonds fed
expectations investors are more willing to hold riskier assets.

Notes trimmed gains from yesterday as futures contracts
indicated a slowdown in the U.S. housing market isn't enough to
get the Federal Reserve to reduce interest rates this year.
There's an 11 percent chance the Fed will cut borrowing costs by
the end of the year, according to data compiled by Bloomberg
based on the contracts.


Read more at Bloomberg Bonds News

Sunday, July 15, 2007

Treasuries Rise Before Reports on Consumer Price Inflation, Housing Starts

(Bloomberg) -- U.S. Treasuries rose before
government reports this week that economists said will show
consumer prices slowed in June and home building declined.

Notes have risen in the past week as losses tied to subprime
mortgages fed speculation that a cooling in the U.S. housing
market will hurt the world's biggest economy. Federal Reserve
Chairman Ben S. Bernanke may speak about housing during
congressional testimony July 18 and 19.


Read more at Bloomberg Bonds News

Thursday, July 12, 2007

Limited Brands sells $1 bln debt in 2-part sale

(Reuters) - The offering included $700 million in 10-year notes yielding 1.80 percentage points over U.S. Treasuries and $300 million in 30-year bonds yielding 2.40 percentage points over Treasuries.



The joint lead managers on the sale were Banc of America Securities and JP Morgan.


Read more at Reuters.com Bonds News

Tuesday, July 3, 2007

TREASURIES-Bonds fall in short pre-holiday session

(Reuters) - NEW YORK, July 3 - U.S. Treasuries fell in
holiday-thinned trade on Tuesday as a firm stock market and
surprisingly strong factory orders offset weak data on housing
and any lingering safe-haven bid on global security concerns.




Bonds briefly trimmed their losses after a report showed
pending sales of existing U.S. homes in May unexpectedly fell
to their lowest level in more than 5-1/2 years. For details,
see [ID:nN0385388].


Read more at Reuters.com Bonds News

Monday, July 2, 2007

Stocks race up, dollar weakens on rate outlook

(Reuters) - Japanese government bonds tracked a rise in U.S. Treasuries, although gains were limited as investors waited on an auction of 10-year notes and eyed a likely Bank of Japan interest rate hike as early as August.




Tokyo's Nikkei average rose 0.3 percent by the midsession, although traders said volumes were low. MSCI's broadest index of shares elsewhere in Asia hit an all-time high earlier and by 0214 GMT was up 1 percent.


Read more at Reuters.com Hot Stocks News

Emerging debt-Prices jump on lower Treasuries yields

(Reuters) - Emerging markets stocks and currencies also posted strong
gains, with the Brazilian benchmark Bovespa stock index
closing above 55,000 points for the first time.




"International liquidity remains high and prices have been
rising again as soon as the market calms down," said Marcio
Jeronimo, emerging markets analyst with Lopez Leon brokerage in
Sao Paulo, referring to the decline in U.S. Treasuries yields.


Read more at Reuters.com Bonds News

Thursday, June 28, 2007

U.S. Notes Set for Quarterly Loss as Bets on Fed Interest Rate Cut Decline

(Bloomberg) -- U.S. Treasuries headed for their
biggest quarterly loss since the first three months of 2006 as
traders reduced bets the Federal Reserve will cut interest rates.

Treasury securities, which handed investors a loss of 0.8
percent this quarter, slumped after the Fed yesterday kept its
benchmark rate unchanged at 5.25 percent, higher than yields
available on 10-year notes, and said inflation is its
``predominant'' concern. A report today will probably show the
Fed's preferred measure of costs slowed in May, while holding
close to the top of its target range.


Read more at Bloomberg Bonds News

Wednesday, June 27, 2007

Emerging-Market Bonds Decline as Demand for Risky, High-Yield Assets Wanes

(Bloomberg) -- Emerging-market bonds tumbled, led by
declines in Ecuadorean and Argentine securities, as concern about
losses related to subprime mortgages in the U.S. prompted some
investors to pare holdings of riskier assets.

The average spread, or extra yield, on emerging-market bonds
over U.S. Treasuries widened 6 basis points, or 0.06 percentage
point, to 1.74 percentage points, according to JPMorgan Chase &
Co.'s EMBI Plus index. Today's spread is the widest since March
21.


Read more at Bloomberg Bonds News

Thursday, June 14, 2007

Treasury Market `Specials' Decline After Warning on Manipulative Trading

(Bloomberg) -- Shortages of U.S. Treasuries have
become less common in the $5 trillion market for borrowing and
lending the securities since Treasury Department officials
warned Wall Street firms to end manipulative trading practices.

Failures to receive or deliver securities, an indication of
scarcity, have averaged $102.1 billion a week this year, less
than a third of their 2005 average and the fewest since 2000,
according to Federal Reserve Bank of New York data. Lending of
all debt securities by the 21 firms that trade directly with the
Fed averaged $2.5 trillion a day that year, according to the
Securities Industry and Financial Markets Association.


Read more at Bloomberg Bonds News

Monday, June 11, 2007

Japan's Notes May Decline on Speculation Traders Will Sell Before Auction

(Bloomberg) -- Japan's notes may fall on speculation
traders will sell to protect against potential losses at an
auction of five-year government debt today.

Brokers that will bid at the auction may cut holdings in case
prices drop before they can pass on the 2 trillion yen ($16
billion) in new debt to investors. Japan's government bonds may
also track a slide in U.S. Treasuries, which slumped yesterday
after Federal Reserve Bank of Cleveland President Sandra Pianalto
said inflation is ``uncomfortably high.''


Read more at Bloomberg Bonds News

TREASURIES-Bonds slide toward retest of 5.25 pct yields

(Reuters) - NEW YORK, June 11 - U.S. Treasuries fell on
Monday in a continuation of last week's rout on worries about
tighter global credit conditions, though benchmark yields kept
below recent highs.




With no top data on the agenda, dealers expected the market
to consolidate. This could keep 10-year yields off Friday's
peak around 5.25 percent, at least until key reports on retail
sales on Wednesday or consumer price inflation on Friday.


Read more at Reuters.com Bonds News

Friday, June 8, 2007

UPDATE 1 - Hub International sells $700 mln notes in 2 parts

(Reuters) - The sale was decreased in size from an initially planned
$790 million, the source added.




The offering included a $305 million 7.5-year senior note
issue priced to yield 9.00 percent or 3.85 percentage points
over U.S. Treasuries.


Read more at Reuters.com Bonds News

Treasuries Extend Slide, Pushing 10-Year Yields to Near Highest in a Year

(Bloomberg) -- U.S. Treasuries dropped, pushing 10-
year yields to the highest in almost a year, on expectations
central banks will raise interest rates around the world.

The benchmark 10-year note extended declines after slumping
yesterday by the most in more than three years. Global debt
markets have been sliding since New Zealand unexpectedly raised
borrowing costs yesterday, stoking concern other central banks
will follow as world economic growth quickens.


Read more at Bloomberg Bonds News

Wednesday, June 6, 2007

Treasuries May Rise on Speculation Asian Stock Losses to Spur Debt Demand

(Bloomberg) -- U.S. Treasuries may advance on
speculation a decline in Asian stock markets will increase demand
for the relative safety of government securities.

Yields near the highest in more than nine months may attract
investors for a second day after equity benchmarks from Tokyo to
Sydney tracked a slide in U.S. stocks. Shares in the U.S.
yesterday completed their biggest two-day decline since March
after first-quarter labor costs rose more than forecast.


Read more at Bloomberg Bonds News

Wednesday, May 30, 2007

Treasuries Are Little Changed as Fed Forecasts Moderate Pace of Spending

(Bloomberg) -- U.S. Treasuries were little changed
after minutes from the Federal Reserve's most recent meeting
revealed that policy makers forecast that consumer spending will
grow at a ``more moderate pace.''

The yield on the benchmark 10-year note fell 2 basis points,
or 0.02 percentage point, to 4.86 percent at 2:080 p.m. in New
York, according to bond broker Cantor Fitzgerald LP. The price of
the 4 1/2 percent security due May 2017 gained 1/8, or $1.25 per
$1,000 face amount, to 97 1/8. Bond yields move inversely to
prices.


Read more at Bloomberg Bonds News