By Khushi MalhotraIndian government bonds rose sharply on Thursday, as growing foreign demand driven by hopes of inclusion in Bloomberg's flagship bond index and easing inflation concerns from lower oil prices lifted prices.The benchmark 6.94% 2036 bond yield (IN069436G=CC) ended at 6.7180%, down f…
Staff WriterThe Ministry of Finance celebrated the successful launch and official listing of the UAE's inaugural Sovereign Retail T-Sukuk Programme, with Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, ringing the opening bell at Nasdaq Dubai.The official listing marks the cu…
1118 GMT - Bitcoin rises to a one-week high as markets scale back expectations for interest-rate rises by the Federal Reserve slightly. The repricing comes after Fed Chair Kevin Warsh said Wednesday that inflation risks had eased. Markets responded to his comments by largely pricing out a July rate…
By Stefanno SulaimanA coalition of Indonesian civil society groups has urged a global financial crime watchdog to review legal protections given to buyers of bonds issued by sovereign wealth fund Danantara, warning the measure may breach anti-money laundering standards.A law passed last month enact…
Romania sold a more than planned 896.5 million lei ($195.42 million) worth of July 2033 bonds and a more than planned 1.37 billion lei worth of 1-Year treasury bills on Thursday, with the average accepted yield at 6.65% and 6.08% respectively, central bank data showed.Debt managers, who had planned…
Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), confirms that the United Arab Emirates (UAE) Ministry of Finance’s inaugural Sovereign Retail Treasury Sukuk…
By Amanda CooperEuro zone government bond yields edged higher on Thursday, but remained near this week's lows, as investors dialled down their expectations for the European Central Bank to aggressively raise interest rates this year.ECB President Christine Lagarde said on Wednesday the risks to eur…
U.S. Treasury yields rise though the dollar falls ahead of closely-watched employment data for June due at 1230 GMT. The dollar falls "amid easing geopolitical concerns as U.S.-Iran talks and diplomatic efforts continue," says Kudo.com's Konstantinos Chrysikos in a note. "Progress on this front cou…
China's central bank bought 10 billion yuan ($1.47 billion) worth of sovereign bonds on the open market in June, down from 50 billion yuan in the previous month, a statement showed on Thursday.($1 = 6.7886 Chinese yuan renminbi)
By Andrew ChungWhen the U.S. Supreme Court issued its ruling defending the Federal Reserve from political interference, it not only prevented President Donald Trump from firing one of the central bank's governors, it also highlighted growing unease among the justices about the use of their ever-exp…
The recent fall in eurozone government bond yields and softer eurozone growth are contributing to a weaker euro in the near-term, MUFG Bank's Lee Hardman says. The eurozone's two-year yield has fallen 30 basis points after hitting a peak of 2.83% on June 18, he says. That is "a much bigger drop in…
A joint U.S.-Japan foreign-exchange intervention to buoy the yen doesn't seem likely at this juncture, says RBC BlueBay Asset Management's Russel Matthews in an interview. The relative stability of core government bond yields likely leaves the U.S. reluctant to get involved, the senior portfolio ma…
By Miriam MukuruThe U.K.'s Debt Management Office sold 3.25 billion pounds ($4.31 billion) in March 2037-dated green gilts at an auction on Thursday, it said.The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on June 2.Issu…
Yields on short-term gilts could decline as markets cut back expectations of interest-rate rises from the Bank of England, Jefferies' Mohit Kumar and Modupe Adegbembo say in a note. In contrast, long-dated gilt yields could stay elevated as investors place a fiscal risk premium on the bonds, the ec…
By Miriam MukuruThe U.K.'s Debt Management Office sold 3.25 billion pounds ($4.31 billion) in March 2037-dated green gilts at an auction on Thursday, it said.The following are results of the auction, with amounts in pounds. Figures in brackets are data from the previous auction, held on June 2.Issu…
Spain's Treasury announced the following results at Thursday's bond auction (BANCN) where it sold €6.65 billion ($7.59 billion) of bonds.Following are the details of the sale in millions of euros:($1 = 0.8760 euros)
Gilts trade cheaply after a recent drop in prices and this could attract demand for the March 2037 green gilt during its auction due at 0900 GMT, RBC Capital Markets strategists say in a note. The March 2037 green gilt was launched through syndication on March 10. The green bond is less likely to b…
UK 10-year gilt yields rose to 4.8%, hitting a one-week high as they followed US Treasury yields higher, with investors awaiting US jobs data later in the day.Markets also digested remarks from central bankers at the ECB’s Sintra Forum.Bank of England Governor Andrew Bailey maintained a dovish tone…
By Dow Jones Newswires StaffU.S. stock futures were lower in early European trade as AI-related stocks fell across the globe ahead of Thursday's crucial jobs data.Kevin Warsh kept mum on the Federal Reserve's rate-setting path when speaking in Portugal Wednesday. In the absence of forward guidance…
Germany’s 10-year Bund yields climbed to 2.95%, a near two-week high, tracking US Treasury yields as investors prepared for US jobs data later in the day.However, gains were limited by softer-than-expected Eurozone inflation data and reduced expectations for aggressive ECB rate hikes this year.Wedn…
