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
Bond-fund managers at Loomis Sayles, Fidelity and Eaton Vance are trouncing their benchmarks and almost all their peers by taking advantage of asset allocation rules that permit as much as 35 percent of their holdings in stocks.
*Fed chair talks to Congress later in week. Treasuries inched upwards on Tuesday as bond traders looked ahead to government auctions of $69 billion in new debt and potentially market-moving congressional testimony by Federal Reserve Chair Janet Yellen.
SINGAPORE, May 6- The dollar hovered near a three-week low versus a basket of currencies on Tuesday as U.S. bond yields struggled to pull away from their recent troughs, with moves subdued in holiday-thinned trade. Against the yen, the dollar slipped 0.1 percent to about 102.02 yen, staying within sight of Monday's two-week low of 101.86 yen.
NEW YORK, May 5- U.S. Treasuries fell on Monday after economic data signaled unexpectedly strong growth in the U.S. services sector, surrendering early gains made on a flight to safety spurred by tensions in Ukraine.
Treasuries eased on Monday after giving up early gains driven by global investors seeking shelter in government bonds and other safe-haven assets from increasing tensions in Ukraine.
*JPMorgan shares fall premarket on revenue warning. NEW YORK, May 5- U.S. stock index futures fell on Monday on concern China's economy continued to lose momentum and as pro-Russian separatists ambushed Ukrainian forces, escalating a conflict that has kept global markets on tenterhooks recently.
LONDON, May 5- Portuguese bond yields fell on Monday after Lisbon said it would exit its international bailout programme later this month without a back-up loan, a bold step for a country that two years ago was thought to be at risk of defaulting on its debts.
SYDNEY, May 5- Asian share markets took a turn lower on Monday after a survey of Chinese manufacturing disappointed, while the simmering conflict in Ukraine kept gold and bonds well bid. Australia's market reversed course to be down 0.2 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent.
SYDNEY, May 5- Asian share markets inched ahead on Monday as a robust U.S. jobs report was taken as positive for global growth prospects even as a lack of inflation pulled down bond yields across the United States and Europe. Market holidays in Japan and South Korea thinned trade, as did caution over the crisis in Ukraine.
NEW YORK, May 4- With U.S. stocks near record highs and Treasury bond yields near multi-month lows, the disconnect between equity and debt investors has rarely been as stark. Over the coming months, the economy is likely to show one of the groups has bet wrong.
NEW YORK, May 4- Rail car makers, little-known winners of the North American energy boom, are capturing the attention of fund managers and regulators alike.
NEW YORK, May 2- With U.S. stocks near record highs and Treasury bond yields near multi-month lows, the disconnect between equity and debt investors has rarely been as stark. Over the coming months, the economy is likely to show one of the groups has bet wrong.
*Russia calls for U.N. meeting on Ukraine- reports. NEW YORK, May 2- Yields on U.S. 30- year bonds dropped to their lowest in more than 10 months on Friday, falling for a fourth straight session, as concerns about Russia and Ukraine overshadowed an upbeat U.S. employment report.
*Russia calls for U.N. meeting on Ukraine- reports. NEW YORK, May 2- Yields on U.S. 30- year bonds dropped to the lowest in more than 10 months in volatile trading on Friday after reports that Russia had called for a meeting of the United Nations Security Council over a Ukrainian army operation in the southeastern city of Slaviansk.
FRANKFURT, May 2- Allianz shareholders will publicly press its top executives next week to address the underperformance of its Pimco fund management unit in the hope that the German insurer will look more closely at management problems there.
*Dollar up, Wall Street higher. *Russia, Ukraine crisis keeps caution high. NEW YORK, May 2- Early stocks gains on Wall Street faded and investors retreated to long-dated government debt on Friday, as enthusiasm over strong headline U.S. jobs growth was undercut by flat wages and a decline in the number of people looking for work.
NEW YORK, May 2- U.S. The headline jobs figure handily beat Wall Street's expectations for an increase of just 210,000.. "The market perceives the unemployment numbers as good on quantity, but bad on quality," said Guy Lebas, chief fixed income strategist, at Janney Montgomery Scott in Philadelphia.
*Dollar up, Wall Street futures, European shares rise. *Russia, Ukraine crisis keeps caution high. LONDON, May 2- A strong pace of U.S. jobs growth pushed Wall Street stock futures and the dollar higher on Friday, knocking bonds lower as it helped relieve some anxiety among investors also watching the escalating unrest in Ukraine.
NEW YORK, May 2- U.S. stock index futures trimmed earlier gains on Friday with the S&P 500 e-mini futures turning negative with less than half an hour left until the opening bell.
*Astrazeneca rejects Pfizer's raised bid of $106 bln. NEW YORK, May 2- U.S. stock index futures were little changed Friday on caution ahead of the key U.S. nonfarm payrolls report for April.