The front-runner for the U.K. prime minister role, Andy Burnham, in his speech on Monday showed commitment to fiscal measures, calming investor concerns about possible shift to looser rules, Barclays Jack Meaning and Cian Hennigan say in a note. "There was no sense of trying to find ways to game th…
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped.The loonie FX_IDC:USDCAD was trading 0.1% lower at C$1.4203 to the greenback, or 70.41 U.S. cents, after trading in a range of 1.4176 to 1.4209.Canadian government 10-year bond yields (C…
The change of chair at the Federal Reserve might usher in a new phase for the world's largest central bank, Amundi Investment Institute says in its midyear outlook. "Under Chairman Kevin Warsh, the Fed may consider reforms that could not only change the way monetary policy is conducted, but also ho…
By Miriam MukuruYields on U.K. government bonds, or gilts, edged lower as investor concerns eased following Andy Burnham's first speech since announcing his candidacy for prime minister.Ten-year gilt yields fell to 4.729% following the speech, from 4.745% beforehand, Tradeweb data showed.Burnham ou…
Seasonality factors suggest a small window for the 10-year Italian BTP-German Bund yield spread to widen in July followed by a tightening, Morgan Stanley rates strategists say in a note. "Our framework points to a short widening in 10-year BTP-Bund [yield spread] at the start of the month (the medi…
By Miriam MukuruYields on U.K. government bonds, or gilts, edged lower as investor concerns eased following Andy Burnham's first speech since announcing his candidacy for prime minister.Ten-year gilt yields fell to 4.729% following the speech, from 4.745% beforehand, Tradeweb data showed.Burnham ou…
U.K. government bonds, or gilts, are likely to experience improved performance due to easing inflation concerns as energy prices drop, eToro's Lale Akoner says. Oil prices have dropped significantly since the U.S.-Iran peace deal reached in mid-June. As a result, investors have lowered their expect…
0826 ET - U.K. government bonds, or gilts, are likely to experience improved performance due to easing inflation concerns as energy prices drop, eToro's Lale Akoner says. Oil prices have dropped significantly since the U.S.-Iran peace deal reached in mid-June. As a result, investors have lowered th…
The yield on the 10-year US Treasury note was below 4.38% on Monday, the least since early May as lower energy prices dampened inflationary risks and the likelihood of a hawkish response by the Federal Reserve.Wholesale crude oil and fuel prices maintained the sharp decline from the end of June ami…
UK 10-year gilt yields hovered around 4.73%, staying close to two-month lows, as bond markets absorbed Andy Burnham’s speech.Burnham, the sole candidate to succeed Keir Starmer, vowed to significantly devolve fiscal powers from Westminster to local authorities if elected, while maintaining fiscal d…
By Khushi MalhotraIndian bonds swung higher for a fifth straight session on Monday, supported by a pause in U.S.-Iran hostilities after renewed strikes over the weekend, though a widening monsoon deficit capped gains.India's benchmark 10-year yield (IN069436G=CC) settled nearly 2 basis points lower…
By Alun JohnEuro zone bond yields held steady around their lowest since early March on Monday as the recent plunge in oil prices towards $70 a barrel has eased inflation worries, welcome news for central bankers about to gather at the ECB's Sintra Forum.European Central Bank President Christine Lag…
Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, said his plans for the country are consistent with the party's 2024 manifesto, reiterating his commitment to a series of fiscal rules.The fiscal rules, which include balancing day-to-day spending with tax…
CANBERA (dpa-AFX) - Sentiment in global markets remains tethered to the geopolitical situation in the Middle East amidst a fresh round of mutual attacks over the weekend. However, unconfirmed reports of an agreement to halt the hostilities supported sentiment.Wall Street Futures are trading in mild…
Yields on U.K. government bonds, or gilts, decline as Burnham delivers his first speech since announcing his candidacy for the prime minister role. Burnham vows to drive economic growth in every part of the U.K. and reduce the welfare bill in a "fair and lasting" manner. The announcement calmed con…
British 10-year government borrowing costs edged down to a day's low on Monday as former Greater Manchester Mayor Andy Burnham gave his first public speech since winning an election for a seat in the Westminster parliament.Burnham — the only declared challenger so far to Prime Minister Keir Starmer…
Offshore investors sold a net 11.60 billion rand ($705.93 million) worth of South African stocks last week, Johannesburg Stock Exchange data showed on Monday.Net purchases of bonds totalled 1.86 billion rand, settlement data showed.($1 = 16.4323 rand)
Manama, Bahrain – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 196%.The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.The issue date of the bills is 1st July 2026, and the maturity date…
By Makiko YamazakiJapan's Ministry of Finance will forgo adjustments to the planned issuance of government bonds to the market for this fiscal year at a newly introduced mid-year review, after hearings with investors, a senior official said on Monday.The first regular mid-year review of the governm…
1026 GMT - The dollar could weaken by year-end as the Federal Reserve probably won't raise interest rates as markets anticipate, MUFG Bank analysts say in a note. New Fed Chairman Kevin Warsh's tough rhetoric on inflation fueled bets the Fed could lift rates. However, the Fed is likely to keep rate…
