TOKYO, March 14- Japanese government bond prices were steady to slightly firmer on Friday as share prices in Japan and elsewhere dropped on concerns about heightened tension in Ukraine ahead of a weekend referendum in Crimea. The 10- year JGB futures rose 0.10 point to 144.67, while the benchmark 10- year cash JGB yield stood flat at 0.640 percent.» Read More
TOKYO, Oct 21- Japanese government bonds were restrained on Monday, held back by a fall in U.S. bond prices late last week and as investors turned cautious ahead of a 20- year bond auction on Tuesday. JGB futures moved in a narrow 144.69-77 range and last stood at 144.76, flat from Friday close.
LONDON, Sept 25- Investors are pricing a potential shock default in Ukraine over the coming year, their fears reflected in a jump in short-dated bond yields and the cost of buying one-year debt insurance in the credit default swaps market.
LONDON, Sept 19- The world's top swaps trade body, whose ISDAfix benchmark is being investigated by regulators on both sides of the Atlantic for possible manipulation, is to reform the market yardstick next year. ISDAfix is overseen by the International Swaps and Derivatives Association and based on a poll of banks.
Sept 18- CME Group Inc, the biggest U.S. futures market operator, has applied with the Commodity Futures Trading Commission to register as a swap execution facility, an exchange-like platform created as a result of the global crackdown on the derivatives that helped bring the 2007-2008 credit crisis.
Warren Buffett famously referred to derivatives as "financial weapons of mass destruction," but unless we accept that residential mortgages are too, the phrase glorifies them into something they are not.
Clever finance critters are fleeing from swaps to futures, escaping the new regulatory regime that was a center-piece of Dodd-Frank.
After the unveiling of Libor rate-rigging practices among banks, eyes are turning to other markets, worrying that the manipulation would not be limited to Libor rates, the New York Times reports.
Hundreds of employees at big firms, some part of special teams, will be on standby this Sunday, awaiting the results of Greece’s pivotal election. The New York Times reports.
Conflicting signs are emerging in Washington over whether JPMorgan Chase’s surprise trading loss will spur tighter regulation on Wall Street, The New York Times reports.
JPMorgan’s next move depends on what happens in the credit markets. If investors become fearful about companies’ prospects , JPMorgan’s bet could face even bigger losses, The New York Times reports.
The triggering of insurance payments on Greek sovereign debt should be a "non-issue" for the markets, as they will happen in an orderly fashion, a representative of the International Swaps and Derivatives Association (ISDA) told CNBC on Monday.
The financial system could face a test this week as industry officials debate a provision of the Greek bailout, the New York Times reports.
Interest rate swaps are derivative instruments commonly used by sophisticated investors to allow cash flows on interest-earning securities or loans to be exchanged. CNBC explains.
Bankers believe that an additional disclosure requirement, relating to previously unpublished details of banks’ credit exposures, could trigger approaches for credit portfolios from specialist buyers. The FT reports.
The Securities and Exchange Commission is investigating Merrill Lynch’s sale of a complex mortgage-related security it created for Magnetar, an Illinois hedge fund, and the collateral manager involved in the deal. The FT reports.
Conflicts of interest, excessive risk-taking and failures of government oversight triggered the financial crisis and helped push the country into the deepest recession since the Great Depression, concludes a new report by the U.S. Senate.