NEW YORK, Nov 28- Activity in the options on the Energy Select Sector SPDR Exchange-Traded Fund exploded on Friday as traders who had bet on a drop in the ETF scrambled to book hefty profits a day after OPEC decided not to cut oil output. The energy ETF, which has shed about a fifth of its value over the last three months, was down 6 percent at $79.82 on Friday, reacting to...» Read More
TOKYO, June 17- Japanese government bonds were mostly steady on Tuesday with the market bracing for new supply. A bounce in Tokyo shares also capped the JGB market. The Ministry of Finance is offering 1.2 trillion yen of 20- year JGBs on Tuesday.
*Bonds gain on safety bid on Iraq, Ukraine tensions. That erased an earlier safety bid as worries about Iraq intensified on the news that Sunni insurgents seized a city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.
WASHINGTON/ BUENOS AIRES, June 16- The U.S. Supreme Court declined on Monday to hear Argentina's appeal over its battle with hedge funds that refused to take part in its debt restructurings, an unexpected move that risks toppling Latin America's No 3 economy into a new default.
NEW YORK, June 16- Investors dumped Argentine debt on Monday after the U.S. Supreme Court on Monday declined to hear the South American nation's appeal to overturn a lower court decision ordering that it pay holdout sovereign creditors $1.33 billion.
*Bonds gain on safety bid on Iraq, Ukraine tensions. Worries about Iraq were intensifying after Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.
*Payout totals $97.2 million including restitution, fine. June 16- Bank of America Corp's Merrill Lynch unit was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 retirement accounts and charities that invested in mutual funds.
WASHINGTON, June 16- The U.S. Supreme Court on Monday ruled that creditors can seek information about Argentina's non-U.S. assets in a case about bank subpoenas that is part of the decade-long litigation over Argentina's obligations to bond investors.
*Bonds gain safety bid on Iraq, Ukraine tensions. Worries about Iraq were intensifying after Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.
Without comment, the high court left intact lower court rulings that ordered Argentina to pay. Argentina is seeking to avoid making full payment to holdout creditors led by hedge funds Aurelius Capital Management and NML Capital Ltd, a unit of billionaire Paul Singer's Elliott Management Corp..
US TREASURIES YIELDS RISE TO SESSION HIGHS AFTER MANUFACTURING DATA, 10- YEAR NOTES YIELD 2.60 PERCENT.
As the SEC mulls how to tighten the reins on high-frequency trading, "Fast Money" trader Jon Najarian weighs in on the areas they should focus on.
SEOUL, June 16- Samsung Electronics Co Ltd is buying more local bonds with its $60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant.
SEOUL, June 16- Samsung Electronics Co Ltd is emerging as a major player in its local debt market, buying more South Korean-issued bonds as it juggles a $60 billion cash pile.
TOKYO, June 16- Japanese government bond prices edged higher on Monday as stocks sagged on Iraq concerns, although super long tenors bucked the trend. As expected, the Bank of Japan bought a total of 900 billion yen of one- to 10- year JGBs in its regular bond purchasing programme which also helped underpin the market.
TOKYO, June 16- The dollar edged up against a basket of currencies in early trade on Monday, drawing mild support as geopolitical worries hung over the markets, but was by potentially decisive events such as the Federal Reserve meeting midweek. Treasury yields and its status as a safe haven as conflict in Iraq escalated.
CAIRO, June 15- Egypt's central bank said on Sunday it would offer $600 million in one-year, dollar-denominated treasury bills for issue on June 17, with the auction set for June 16. In an emailed statement, the bank listed eligible subscribers as local banks and foreign financial institutions.
CARACAS, June 14- Venezuela is seeking to consolidate its three-tiered exchange rate system and refinance debt to improve maturity profiles, the economy vice president said in a statement on Saturday, underlining efforts to shore up the country's troubled finances.
*Treasury debt losses limited by Iraq tensions. Treasury debt prices drifted lower on Friday in thin trading, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of a rate hike from the Federal Reserve sooner than previously expected.
*Treasury debt losses limited by Iraq tensions. Treasury debt prices slid on Friday, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of an imminent rate hike from the Federal Reserve.