Bond liquidity has all but dried up for corporate issues after new regulations and capital requirements forced Wall Street banks to slash their inventories of fixed-income products following the financial crisis.» Read More
NEW YORK, May 15- Investors in U.S.-based funds poured $9.7 billion into stock funds in the week ended May 14, marking the biggest inflows into the funds since early March, data from Thomson Reuters' Lipper service showed on Thursday. Stock exchange-traded funds attracted $7.9 billion of the net inflows, while stock mutual funds attracted $1.8 billion.
NEW YORK, May 15- Benchmark U.S. "There has been a little bit of a breakdown in European peripheral debt, that seemed to set off a little bit of a' risk off' trade... despite the fact that we got a firm set of data this morning," said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.
NEW YORK, May 15- U.S. Data earlier on Thursday was more bullish on the economy, showing that fewer Americans filed for unemployment benefits in the last week, consumer prices posted their largest increase in 10 months in April and a gauge of manufacturing in New York state accelerated to its fastest pace in nearly four years.
US 30- YEAR TREASURIES BOND YIELDS FALL TO 3.34 PERCENT, LOWEST SINCE JUNE 2013.
*Fitch: loan extension won't affect Kenya rating. NAIROBI, May 15- Kenya has won a three-month extension on a $600 million syndicated loan, a senior Treasury official said on Thursday, giving it time to continue discussions on its first ever dollar bond which has been delayed.
US TREASURIES YIELDS RISE AFTER DATA, 10- YEAR NOTES YIELD 2.55 PERCENT.
NEW YORK, May 14- Emerging market credit default swap trading volumes surged 93 percent in the first quarter as investors scrambled to protect fixed-income portfolios because of the crisis unfolding between Ukraine and Russia.
NEW YORK, May 14- Benchmark government bond yields in the U.S. and Germany dropped on Wednesday after sources told Reuters a European Central Bank rate cut next month is "more or less a done deal," while U.S. stocks retreated slightly from recent record highs. UK yields also fell after the Bank of England said it was in no hurry to raise rates.
NEW YORK, May 14- Benchmark government bond yields in the U.S. and Germany fell sharply on Wednesday after sources told Reuters a European Central Bank rate cut next month is "more or less a done deal," while U.S. stocks edged off recent record highs. UK yields also fell after the Bank of England said it was in no hurry to raise rates.
US TREASURIES EXTEND PRICE RALLY, 10- YEAR NOTE YIELDS FALL BELOW 2.55 PERCENT.
*Fed to buy $350 mln- $600 mln bonds due 2024-2031. Treasuries yields fell to six-month lows on Wednesday, with prices rallying with German government bonds on expectations the European Central Bank will cut interest rates in June as the region grapples with low inflation, even as U.S. producer price data showed solid gains.
US 30- YEAR TREASURIES BONDS EXTEND PRICE GAINS TO A FULL POINT, YIELDS DROP TO 3.395 PERCENT.
NEW YORK, May 14- U.S. stock index futures pointed to a lower open on Wednesday as investors found few reasons to keep pushing shares higher with the Dow and S&P 500 both coming off record closing highs.
LONDON, May 14- Sterling and top-rated government bond yields fell on Wednesday after the Bank of England said it was in no rush to raise interest rates, cooling market expectations that the first rate hike by a major central bank could come later this year.
*Demand for new Italy 15- yr bond tops 20 bln euros. LONDON, May 14- Italian yields fell back to record lows on Wednesday as a sale of longer-dated bonds in Rome drew robust interest from investors anticipating fresh European Central Bank stimulus next month.
*S&P 500, Dow coming off record closing highs. NEW YORK, May 14- U.S. stock index futures edged lower on Wednesday as investors found few reasons to keep pushing shares higher, with the Dow and S&P 500 both coming off record closing highs.
Treasury Secretary Timothy Geithner must hand over documents to Standard and Poor's relating to the ratings agency's claim that the United States sued it in retaliation for downgrading government debt.
LONDON, May 14- European shares eased back from multi-year highs on Wednesday and the euro licked its wounds after slumping to a five-week low as the focus shifted to an economic outlook from the Bank of England for clues on when UK interest rates will rise.
TOKYO, May 14- Japanese government bond prices were slightly firmer on Wednesday, after the Bank of Japan maintained its stimulatory bond purchases of superlong maturities, despite a report earlier this week that it would cut back its buying.
US 30- YEAR TREASURIES BONDS EXTEND PRICE GAINS TO A FULL POINT, YIELDS FALL TO 3.45 PERCENT.