By Rocky SwiftJapanese government bond (JGB) yields rose for a second straight session on Tuesday as inflation concerns and a soft yen weighed on sentiment.Here are a few details:($1 = 162.2300 yen)
The World Bank said on Tuesday that it had approved a $750 million budget support loan for Kenya and a sustainability-linked facility that will reduce the country's reliance on expensive domestic debt and bolster economic reforms.
By Khushi Malhotra and Dharamraj DhutiaIndian government bonds rose on Tuesday, with the benchmark 10-year yield on track for its biggest monthly decline in nearly seven years, supported by lower oil prices and a pickup in foreign buying.The yield on the benchmark 6.94% 2036 bond (IN069436G=CC) was…
Deutsche Bank rates strategists revise their year-end forecast for the two- and 10-year U.S. Treasury yields. Their new forecast sees the two-year Treasury yield ending the year at 4.30%, 35 basis points higher than their previous forecast. They also raise their forecast for the 10-year yield to 4…
0600 GMT - Deutsche Bank rates strategists revise their year-end forecast for the two- and 10-year U.S. Treasury yields. Their new forecast sees the two-year Treasury yield ending the year at 4.30%, 35 basis points higher than their previous forecast. They also raise their forecast for the 10-year…
0545 GMT - U.S. Treasury yields edge lower, moving in the same direction as oil prices, even as markets are increasingly focusing on factors other than geopolitical tensions. In this context, the employment report for June will be awaited on Thursday to provide further insight into labor market con…
U.S. Treasury yields edge lower, moving in the same direction as oil prices, even as markets are increasingly focusing on factors other than geopolitical tensions. In this context, the employment report for June will be awaited on Thursday to provide further insight into labor market conditions and…
Valuations in Japanese bond duration are getting "very appealing" but expansionary fiscal policy continues to discourage investors, Amundi Investment Institute says in its mid-year outlook. "A more hawkish Bank of Japan could improve inflation expectations and provoke a rally," Amundi says. Japanes…
Higher real rates seem to reflect growth drivers as well as Federal Reserve debate around policy changes, Morgan Stanley Wealth Management says in a note. "While commentary has centered on inflation risks and the Fed's priorities regarding its 2% target, estimates of how monetary policy may respond…
Following are the results of the Philippine Bureau of the Treasury's (BTr) auction of 2029 T-bonds on Tuesday:($1 = 61.2470 Philippine pesos)
0512 GMT - The market is digesting more restrictive U.S. monetary policy, says Stephen Coltman, head of macro at 21shares, in a note. Markets have gone from pricing rate cuts at the start of the year to now expecting rate increases over the coming months, he says. Chairman Kevin Warsh's first FOMC…
The market is digesting more restrictive U.S. monetary policy, says Stephen Coltman, head of macro at 21shares, in a note. Markets have gone from pricing rate cuts at the start of the year to now expecting rate increases over the coming months, he says. Chairman Kevin Warsh's first FOMC meeting was…
Amundi Investment Institute maintains a neutral view on U.S. Treasury duration for now. "Robust U.S. labor data and high inflation are putting upward pressure on U.S. rates and confirm a neutral stance in U.S. duration," it says in its mid-year outlook. Amundi sees value on the middle part of the c…
0506 GMT - Amundi Investment Institute maintains a neutral view on U.S. Treasury duration for now. "Robust U.S. labor data and high inflation are putting upward pressure on U.S. rates and confirm a neutral stance in U.S. duration," it says in its mid-year outlook. Amundi sees value on the middle pa…
Investors should scale back their cash holdings amid elevated inflation, Citi Wealth Investments warned.Recent price data has come in hot. The consumer price index rose at an annual rate of 4.2% in May, the highest in three years, and the personal consumption expenditures price index for May, the F…
TOKYO--Japan's Ministry of Finance said Tuesday it auctioned Y2.153 trillion 1.4% 2-year bonds with the lowest price of 99.98 to yield 1.41%. Issue 2-year govt bond (No 48) Coupon 1.4% Settlement Date…
Australia’s 10-year government bond yield traded around 4.7%, remaining near four-month lows as falling oil prices and wagers of US rate hikes outweighed the RBA’s restrictive policy stance.Minutes from the Reserve Bank's June meeting showed policymakers agreed interest rates should remain restrict…
Japan's 10-year government bond yield climbed to around 2.67% on Tuesday, gaining for the second straight session as the yen sank to its weakest levels in four decades, supporting expectations for faster Bank of Japan policy tightening.Last week, BOJ Governor Kazuo Ueda reiterated that the central…
China’s factory and non-manufacturing activity fared better than expected in June, as booming exports offset cooling growth in the domestic economy.The official manufacturing purchasing managers’ index climbed to 50.3 after slipping in May to 50, the threshold separating expansion from contraction…
Round-up of South Korean financial markets:** South Korean shares reversed early gains to trade lower on Tuesday, as volatility in heavyweight semiconductor stocks weighed on the broader market, with investors turning cautious about the durability of the AI-driven chip rally.** The benchmark KOSPI…
