The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.055 percent, up from 0.035 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.155 percent, up from 0.110 percent last week. For a $10,000 bill, the three-month price was $9,998.63, while a six-month bill sold for $9,992.21.» Read More
Ten-year notes, whose yields topped 2.50 percent on Tuesday, were up 17/ 32 in price at the New York close to yield 2.417 percent, the lowest payout since June 20, 2013, according to Reuters data. A big increase in Treasury prices, which pushed five-year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.
*Ukraine crisis threatens euro zone economy, Draghi says. A big jump in Treasury prices, which also took 5- year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.
NEW YORK, Aug 6- The possibility of a wave of "me-too" claims against Argentina is threatening to scupper any of the relief the sovereign might eventually gain from ongoing talks between international banks and litigant investors.
The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion holdings of Argentine debt, Thomson Reuters IFR revealed on Wednesday. Argentina's Economy Ministry declined to comment but has said previously there was nothing to prevent private parties reaching an agreement.
*Ukraine crisis threatens euro zone economy, Draghi says. A big jump in Treasury prices, which also took 5- year yields to a four-week low, came on an AFP report of a fighter plane downed in Ukraine, according to financial market sources.
*Ukraine crisis threatens euro zone economy, Draghi says. NEW YORK, Aug 7- U.S. But Treasuries rose again as European Central Bank President Mario Draghi told reporters in Frankfurt that the Ukraine crisis threatened the euro zone economy.
TORONTO, Aug 7- Manulife Financial Corp unexpectedly hiked its dividend for the first time since the financial crisis on Thursday, as it reported quarterly profits that jumped on stronger financial markets but was just shy of analysts' expectations.
NEW YORK, Aug 7- U.S. stock index futures edged up on Thursday ahead of jobless claims data, amid a backdrop of an escalation of tensions as Russia banned Western food imports in retaliation against Western sanctions.
*Areva's BBB- long term rating just one notch above junk. *Areva earnings guidance not in line with S&P assumptions. PARIS, Aug 7- French nuclear group Areva could find its investment grade credit rating under threat after warning of lower sales last week, which upset the assumptions of the only agency that rates its debt.
LONDON, Aug 7- Russian bond yields surged to multi-year highs on Thursday as food import restrictions fanned inflation fears, while the rouble hit new 4-1/ 2 month lows, leading a swathe of emerging currencies slipping against the dollar.
The problem is particularly acute in Italy, where the economy shrank again in the second quarter and where Prime Minister Matteo Renzi has led calls for greater flexibility in European budget rules to allow it to spend more.
LONDON, Aug 7- The first Russian riposte in a sanctions tussle with the West over Ukraine kept European shares and the euro under pressure on Thursday, as markets waited to hear how the European Central Bank would respond to the crisis.
*BOJ's asset purchase programme blunts JGB impact of reallocation. TOKYO, Aug 7- Japanese government bonds fell on Thursday after sources said the Government Pension Investment Fund plans to shift more of its portfolio from bonds to riskier assets such as equities.
TOKYO, Aug 7- Japanese government bond prices were mostly steady on Thursday as the Bank of Japan began its regular two-day policy meeting, at which the central bank is expected to maintain its massive asset purchases and its optimistic view on the economic outlook.
BUENOS AIRES, Aug 6- The U.S. judge in charge of Argentina's debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country's restructured bonds.
NEW YORK, Aug 6- Holdout creditors are considering an offer from international banks of 80 cents on the dollar for their roughly US $1.66 bn holdings of Argentine debt, sources close to the negotiations said on Wednesday.
*NATO says Russian troops massing on Ukraine border. NEW YORK, Aug 6- European stocks fell on Wednesday as concerns over a Russian troop build-up on the border with Ukraine sent nervous investors into high-rated bonds, while U.S. stocks closed little changed to hold at support levels.
*NATO says Russian troops massing at Ukraine border. NEW YORK, Aug 6- U.S. Treasuries prices got a strong lift on Wednesday from rising tensions over Ukraine that stung global financial markets but they ended with just modest gains as Wall Street steadied after a selloff.
NEW YORK, Aug 6- International banks and holdout creditors of Argentine debt could reach an agreement as soon as next week, sources close to the situation told IFR on Wednesday, even though the two sides have so far been unable to agree on a price for the defaulted paper.
NEW YORK, Aug 6- Hedge funds, private equity funds and other alternative investments will command up to 40 percent of the asset management industry's global revenues by 2020 as investors seek them for safety and consistent returns, consulting firm McKinsey& Co said on Wednesday.