Data from the Japan Securities Dealers Association showed that foreign net purchases of JGBs, excluding treasury bills, totalled 1.28 trillion yen, the largest amount since June 2012.» Read More
BUENOS AIRES, Aug 19- President Cristina Fernandez said on Tuesday her government will move to service its defaulted debt in Argentina or allow bondholders to swap their bonds for new bonds governed by national law in order to get around a U.S. court order.
TOKYO, Aug 20- Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen. Tokyo's Nikkei gained. 0.2 percent and South Korea shares rose 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. BRT Realty Trust: Approximately 600 shares changed hands, a 95.3 decrease from its 65- day average volume. Blackrock New York Municipal Bond Trust: Approximately 400 shares changed hands, a 93.1 decrease from its 65- day average volume.
NEW YORK, Aug 19- Puerto Rico's benchmark general obligation bonds rallied to their highest level in over three months on Tuesday as investors bet the bonds will be not be affected during a possible restructuring of the island's power authority.
NEW YORK, Aug 19- Citigroup has told the U.S. appeals court overseeing the dispute between Argentina and hedge funds refusing to accept terms of the country's debt restructuring that its Argentine banking license may be at risk as a result of the standoff. Citi expects to receive about $5 million from Argentina ahead of its next coupon payment deadline of Sept. 30.
NEW YORK, Aug 19- U.S. I think we'll be relatively rangebound, "said Thomas Simons, money market economist at Jefferies LLC in New York. "I think people are realizing that inflation is, at least for now, stabilized and heading back to a more normal level and not accelerating," said George Goncalves, head of rates strategy in the Americas at Nomura Securities in New York.
COLUMBIA, Mo.— The former CEO of Mamtek committed fraud to secure almost $1.3 million from bond funds that were supposed to be used to build an artificial sweetener plant in a central Missouri town, a federal judge ruled in a bankruptcy case.
*Home Depot climbs after earnings, outlook. NEW YORK, Aug 19- U.S. stock index futures advanced modestly on Tuesday, putting the S&P 500 on track for a second straight day of gains, after solid earnings from Home Depot and ahead of data on inflation and the housing market.
TOKYO, Aug 19- Japanese government bond prices dipped on Tuesday as receding geopolitical worries restored some risk appetite and pushed equities higher. JGB losses were limited, however, as the market expected decent demand at the 1.2 trillion yen 20- year bond auction.
Treasury yields pulled away from recent lows on upbeat U.S. housing data and hopes of progress in the Ukraine crisis.
NEW YORK, Aug 18- A judge said he will rule on Tuesday whether junior bondholders of Momentive Performance Materials, a quartz and silicone maker owned by Apollo Global Management, are being fairly pushed behind other creditors, a decision that could make or break Momentive's plan to cut $3 billion in debt and exit bankruptcy.
WASHINGTON— Interest rates on short-term Treasury bills were unchanged in Monday's auction. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent, unchanged from last week. For a $10,000 bill, the three-month price was $9,999.24 while a six-month bill sold for $9,997.47.
*Ukraine, Middle East tensions ease. NEW YORK, Aug 18- U.S. Treasury debt prices fell on Monday after three days of gains as risk appetite returned following upbeat U.S. housing data and easing tensions in the Middle East and Ukraine.
DUBLIN— Yields on Ireland's government bonds have fallen to record lows following a ratings upgrade, a stunning turnaround for a country that faced bankruptcy in 2010.. The agency now places an A- grade on Ireland's bonds, just like Standard& Poor's, which upgraded Ireland in June.
*Losses in UK gilt market also a factor in U.S. bond market. Treasury debt prices fell on Monday after three days of gains, as risk appetite returned following upbeat U.S. housing data and easing tensions in the Middle East and Ukraine, two global sore spots.
Why experts say you shouldn't bet against the U.S. bond market rally anytime soon.
NEW YORK, Aug 18- Momentive Performance Materials, the quartz and silicone maker owned by Apollo Global Management, will embark Monday on a week of hotly contested hearings seeking court approval of a plan to cut $3 billion in debt and exit bankruptcy.
*Oil drops $1 on reduced tension over Ukraine, Libya supply. It fell broadly on Friday after the government in Kiev said its artillery had partially destroyed a Russian armoured column, while Russia denied its forces had crossed into Ukraine.
TOKYO, Aug 18- Japanese government bonds were slightly firmer on Monday, riding on last week's rally in U.S. Rising tensions between Russia and Ukraine on Friday sent the yield on benchmark 10- year U.S.
TOKYO, Aug 18- Asian stocks edged up early on Monday after seeing Wall Street recover from the latest round of tensions in the Ukrainian crisis, while the dollar was on the back foot against the safe-haven yen, weighed by a slide in Treasury yields. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent.