Commodities
Treasury 30-year bonds extended their rally this year to 13 percent as Europe’s economic growth lags behind expectations and central bankers around the world make the case for keeping interest rates low.
Steve Kuhn, fixed-income trading head at $14.8 billion Pine River Capital Management LP, said investors should sell their bonds and buy “boring” stocks including packaging manufacturer Rock-Tenn Co.
Portugal will mark its exit from an international bailout program tomorrow, regaining the economic sovereignty the nation lost after the European debt crisis erupted. Now comes the hard part.
Morgan Stanley sold 150 billion yen ($1.5 billion) of Samurai bonds in its first offering of the yen-denominated notes since the financial crisis.
India’s 10-year bonds jumped the most in almost a month as the main opposition alliance looked set to win enough seats to command a parliamentary majority.
Australia’s bond market is set to complete its busiest-ever week of issuance as Kangaroo borrowers were lured by a drop in costs and Qantas Airways Ltd. (QAN) priced its first deal as a junk-rated company.
Mario Draghi could end the search for an asset worth buying in his fight against low inflation if he’d only turn to the euro area’s jointly-issued crisis bonds.
Thailand’s 10-year government bonds rose, with the yield falling by the most since December, before a report that may show Southeast Asia’s second-biggest economy contracted last quarter and as political protests intensified.
A bond insurer wants the chance to fight Detroit’s effort to cancel $1.4 billion in pension debt, while the city is asking a judge to take a bus tour of its blighted areas before ruling on its $18 billion bankruptcy plan.
A rally in the mortgage-bond market is poised to send U.S. home-loan rates to a more than six-month low, bolstering a slowing real-estate recovery.
Treasury 30-year bonds rose, with yields falling to the lowest level since June, as speculation of increased monetary accommodation in Europe added to pressure on traders betting on higher U.S. interest rates.
Volkswagen AG (VOW) sold $3.5 billion of bonds today in its biggest dollar-denominated sale ever, according to data compiled by Bloomberg.
Brent headed for its first weekly gain this month amid speculation that escalating tension in Ukraine may disrupt supplies from Russia, the world’s biggest energy exporter. West Texas Intermediate rose in New York.
Iron ore futures in Singapore fell to the lowest level since the contract started last year on concern that slowing demand growth in China, the biggest user, could worsen the global seaborne glut.
Treasury 30-year bonds extended their rally this year to 13 percent as Europe’s economic growth lags behind expectations and central bankers around the world make the case for keeping interest rates low.
Steve Kuhn, fixed-income trading head at $14.8 billion Pine River Capital Management LP, said investors should sell their bonds and buy “boring” stocks including packaging manufacturer Rock-Tenn Co.
Portugal will mark its exit from an international bailout program tomorrow, regaining the economic sovereignty the nation lost after the European debt crisis erupted. Now comes the hard part.
Morgan Stanley sold 150 billion yen ($1.5 billion) of Samurai bonds in its first offering of the yen-denominated notes since the financial crisis.
India’s 10-year bonds jumped the most in almost a month as the main opposition alliance looked set to win enough seats to command a parliamentary majority.
Australia’s bond market is set to complete its busiest-ever week of issuance as Kangaroo borrowers were lured by a drop in costs and Qantas Airways Ltd. (QAN) priced its first deal as a junk-rated company.
Mario Draghi could end the search for an asset worth buying in his fight against low inflation if he’d only turn to the euro area’s jointly-issued crisis bonds.
Thailand’s 10-year government bonds rose, with the yield falling by the most since December, before a report that may show Southeast Asia’s second-biggest economy contracted last quarter and as political protests intensified.
A bond insurer wants the chance to fight Detroit’s effort to cancel $1.4 billion in pension debt, while the city is asking a judge to take a bus tour of its blighted areas before ruling on its $18 billion bankruptcy plan.
A rally in the mortgage-bond market is poised to send U.S. home-loan rates to a more than six-month low, bolstering a slowing real-estate recovery.
Treasury 30-year bonds rose, with yields falling to the lowest level since June, as speculation of increased monetary accommodation in Europe added to pressure on traders betting on higher U.S. interest rates.
Volkswagen AG (VOW) sold $3.5 billion of bonds today in its biggest dollar-denominated sale ever, according to data compiled by Bloomberg.
Brent headed for its first weekly gain this month amid speculation that escalating tension in Ukraine may disrupt supplies from Russia, the world’s biggest energy exporter. West Texas Intermediate rose in New York.
Iron ore futures in Singapore fell to the lowest level since the contract started last year on concern that slowing demand growth in China, the biggest user, could worsen the global seaborne glut.
