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  • NEW YORK, Nov 20- Six years of interest rate suppression by the U.S. "The high-yield market is sort of in a bubble and sooner or later there will be a price paid for that," said Carl Icahn, the billionaire investor who said he owns credit default swaps on high yield debt against the 5- year U.S. Martin Fridson, chief investment officer of wealth management firm Lehmann...

  • Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. But pessimistic data out of Europe and China outweighed the impact of sturdy U.S. data. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan, and...

  • TOKYO, Nov 20- Japanese government bond prices gained on Thursday on solid auction results, with the 30- year bond yield hitting a 1 1/ 2- year low. A 400 billion yen auction of reopened of JGBs maturing between five and 15 years drew firm bids, helping to support the market. Longest maturities continued to benefit from the Bank of Japan's decision to sharply boost...

  • Caesars, creditors consider turning unit into REIT Wednesday, 19 Nov 2014 | 6:14 PM ET

    Caesars Entertainment proposed a restructure plan that would the debt of its largest unit into a real estate investment trust.

  • NEW YORK, Nov 19- Citigroup Inc is considering a sale of its index business, two sources familiar with the situation said on Wednesday, making it the latest bank to think about jettisoning benchmarking amid increased regulatory scrutiny. About $174 billion in exchange traded fund and mutual fund assets track Citigroup indexes, according to Morningstar.

  • Bond yields, which move inversely to prices, initially trimmed gains as the headlines from the Fed minutes showed a slightly dovish bent, according George Goncalves, head of U.S. rates strategy at Nomura Securities in New York. "On balance, the Fed's statement, released at the conclusion of its Oct. 29 meeting was surprisingly hawkish, a tone that was not maintained...

  • GLOBAL MARKETS-Dollar, bond yields gain after Fed minutes Wednesday, 19 Nov 2014 | 3:30 PM ET

    NEW YORK, Nov 19- The dollar hit a seven-year high against the yen on Wednesday and U.S. The tendency has been for the minutes to go the other way of the statement, said Robbert Van Batenburg, director of market strategy at Newedge in New York. The yen weakened further after the minutes were released, with the dollar rising as high as 118.0 yen, its highest since August...

  • Bond yields, which move inversely to prices, initially trimmed gains as the headlines from the Fed minutes showed a slightly dovish bent, according George Goncalves, head of U.S. rates strategy at Nomura Securities in New York. "On balance, the Fed's statement, released at the conclusion of its Oct. 29 meeting was surprisingly hawkish, a tone that was not maintained...

  • Canada says considering issuing more ultra-long bonds Wednesday, 19 Nov 2014 | 3:14 PM ET

    OTTAWA, Nov 19- Canada is considering issuing more long bonds with a 50- year maturity, the country's department of finance said on Wednesday. "The government of Canada is considering issuing more ultra-long bonds, subject to favorable market conditions, through a reopening of the 2.75 percent Government of Canada bond maturing on December 1, 2064 using a...

  • UPDATE 1- Alibaba will sell debut bond on Thursday Wednesday, 19 Nov 2014 | 3:12 PM ET

    NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...

  • Oplink options unusually active days before Koch deal Wednesday, 19 Nov 2014 | 2:03 PM ET

    NEW YORK, Nov 19- Optical networking device maker Oplink Communications Inc attracted well-timed bets in the options market days before the company said it was being acquired by a Koch Industries unit for $445 million in cash. Oplink's shares were up about 14 percent at $24.18 on Wednesday after it said that Koch Optics Inc would buy it for $24.25 per share.

  • NEW YORK, Nov 19- Several months ago, U.S. mutual funds scooped up most of the $1.25 billion in high-yield junk bonds issued by Denbury Resources Inc, a Plano, Texas, oil and gas exploration company. The 5.5 percent coupon on the Denbury bonds maturing in 2022 attracted a number of U.S. mutual fund buyers, including the Franklin Income Fund, which held nearly 10 percent...

  • TREASURIES-Yields rise as markets brace for Fed minutes Wednesday, 19 Nov 2014 | 10:25 AM ET

    NEW YORK, Nov 19- U.S. Treasuries were also pressured by the expected new issuance of Alibaba Group Holding's $8 billion corporate bond deal, traders said. Asset managers are selling Treasuries to make way for the Alibaba deal.

  • *Cliffs Natural Resources shares slide. NEW YORK, Nov 19- U.S. stock index futures were little changed on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of housing data and minutes from the most recent Federal Reserve policy meeting. *Cliffs Natural Resources said it was looking to exit its Eastern Canadian iron ore operations,...

  • TOKYO, Nov 19- Japan may borrow more debt over a longer horizon as the country steps up its already super-loose monetary policy to prop up economic growth and avoid slipping back into deflation. The plan is seen aimed at taking advantage of central bank stimulus to lock in low borrowing costs for the longest period of time and to reduce the need for future debt...

  • JGBs extend gains after BOJ holds steady Wednesday, 19 Nov 2014 | 1:49 AM ET

    TOKYO, Nov 19- Japanese government bonds extended gains on Wednesday after the Bank of Japan held policy steady as expected and kept to its overall upbeat economic view- even with news this week that the economy had slipped into recession. The BOJ said Japan's economy "continues to recover moderately as a trend" and voted to continue its purchases of government...

  • LONDON, Nov 19- The Bank of Japan's latest money printing is adding fresh sparkle to Japanese investors' romance with French government bonds as they look abroad for alternatives to the diminishing returns on domestic debt. The European Central Bank's ultra-easy monetary policy and the BOJ's expansion of its $1.4 trillion stimulus have effectively...

  • WASHINGTON, Nov 18- The European Union will soon push back a deadline by which U.S. clearing houses need to comply with its rules, a source familiar with the matter said, taking the sting out of a dispute with America over how to regulate swaps. A European Commission spokeswoman told Reuters on Tuesday that an extension of the Dec. 15 deadline had been proposed, and...

  • NEW YORK, Nov 18- U.S. "The headline PPI is a little bit stronger, but what I think people are waiting for is whether there is any pass-through to consumers so we'll get to see that this Thursday when CPI comes out," said Dan Heckman, senior fixed income strategist, at U.S. Bank Wealth Management in Kansas City.

  • PPI rises unexpectedly but core stays tame. NEW YORK, Nov 18- U.S. "The headline was firmer than expected, but the sub-text reveals no inflation pressures and are closer to the traditional way we looked at PPI," said David Ader, head of government bond strategy at CRT Capital in Stamford, Connecticut.