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  • TOKYO, March 1- Japanese government bond yields were near record lows Tuesday, pushed down after the market confirmed robust investor demand at a 10- year debt auction, despite negative yields. The benchmark 10- year JGB yield was down 1 basis point at minus 0.075 percent. The bid-to-cover ratio, a gauge of demand, at Tuesday's 2.4 trillion yen 10- year sale rose to...

  • NEW YORK/ BUENOS AIRES, Feb 29- Argentina has agreed a $4.65 billion cash payment to its main holdout creditors and will present the deal to Congress this week for a vote which would end 14 years of bitter legal battles and pave the way for its return to global credit markets. Finance Minister Alfonso Prat-Gay said he hoped to issue two or three new sovereign bonds on...

  • MADRID, Feb 29- Spain's Abengoa, on the brink of becoming the country's largest-ever bankruptcy, said on Monday its debt had risen by 492 million euros in 2015' s fourth quarter as it posted a full-year net loss of 1.2 billion euros. The energy firm, which is racing to reach an agreement with its banks and bondholders, said its gross corporate debt at the end of 2015...

  • *Only handful of Panda bond deals so far. A handful of issuers- including HSBC and Standard Chartered Bank- have since issued so-called Panda bonds using the draft rules as a template. Cheaper alternative funding options also mean there is little incentive now for U.S. firms to go to the expense of converting their accounts for the sake of a Panda bond issue.

  • NEW YORK, Feb 29- U.S. Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report by the National Association of Realtors showed. "Looking at recent data, as far as economic reports, it has been a mixed bag with this morning being weaker than anticipated,"...

  • NEW YORK, Feb 29- Argentina and its main holdout creditors have reached a $4.653 billion agreement in principle to settle a 14- year-old sovereign debt default dispute, a deal that could help the country to return to international capital markets and revive its economy. "The agreement in principle is subject to approval by the Congress of Argentina and,...

  • NEW YORK, Feb 29- MBIA Inc, a bond insurer heavily exposed to fiscally troubled Puerto Rico, will report fourth-quarter earnings after the bell on Monday when investors will look for commentary on potential losses from exposure to the island's debt. Many investors have shunned the company's shares due to uncertainty over exactly how much of its $4 billion...

  • NEW YORK, Feb 29- Long-dated U.S. "We've seen some negative data this morning and that lackluster data domestically has extended the bullish price action that was already in place," said Ian Lyngen, senior government bond strategist at CRT Capital in Stamford, Connecticut. "The long bond is doing well because you have considerable month-end extension," said...

  • NEW YORK, Feb 29- Argentina and its main holdout creditors on Monday reached a $4.653 billion agreement in principle to settle a sovereign debt default dispute that has lasted 14 years in a move that could help to revive the country's economy. "The Agreement in Principle is subject to approval by the Congress of Argentina and, specifically, the lifting of the Lock...

  • LONDON, Feb 29- Hedge funds are turning more positive about the outlook for crude oil prices, according to the latest positioning data from regulators and exchanges. Hedge funds and other money managers held a combined net long position in the three main crude oil futures and options contracts amounting to 383 million barrels on Feb. 23. The net long position in...

  • *Futures down: Dow 43 pts, S&P 4.5 pts, Nasdaq 17.25 pts. Feb 29- U.S. stock index futures fell on Monday as investors worried about the Federal Reserve pressing ahead with its plan to raise interest rates this year. *Wall Street closed lower on Friday, after a rally earlier in the week lost steam.

  • NEW YORK, Feb 29- Highly-leveraged U.S. energy companies are struggling to carry out debt swaps as part of their survival strategy because plummeting oil and gas prices make investors either avoid such deals or demand tougher terms. "Investors are less desperate now since they've already taken a lot of the pain," said Roopesh Shah, global chief of Goldman Sachs'...

  • TOKYO, Feb 29- Japanese government bonds were broadly firmer on Monday, while the benchmark note was steady ahead of the next day's 10- year JGB sale. The Ministry of Finance will auction 2.4 trillion yen of 10- year JGBs on Tuesday. Earlier on Monday, the BOJ offered to buy 400 billion yen of 1- to 3- year JGBs, 420 billion yen of 3- to 5- year JGBs, 260 billion yen of 10- to...

  • *U.S. stock futures down 0.5 pct, mainland China shares tumble. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.6 percent and appeared likely to post its second consecutive month of losses, with a 1.2 percent drop so far this month. European shares are expected to follow Asia's lead, with spread betters looking to a fall of up to 0.5 percent each...

  • TOKYO, Feb 29- Japanese fund managers trimmed overall stock allocations while increasing exposure to bonds in their model portfolios for February as risk aversion gripped global markets, a Reuters survey found on Monday. With yields of benchmark government bonds such as Japanese and UK debt sinking to record lows on investor flight-to-quality in the month,...

  • Feb 27- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 32 percent, helped by improved results in its insurance operations and higher gains from investments and derivatives. Net income rose to $5.48 billion, or $3,333 per Class A share, from $4.16 billion, or $2,529 per share, a year earlier. Quarterly operating profit rose 18...

  • WILMINGTON, Del., Feb 26- A bondholder lawsuit against Caesars Entertainment Corp, which the casino company has warned could plunge it into bankruptcy alongside its operating unit, was stayed by a U.S. The bondholders sued in New York because they believe the parent company guaranteed the bonds, which were issued by the now-bankrupt Caesars Entertainment...

  • *Treasury sees weak demand for $28 bln seven-year debt. NEW YORK, Feb 26- U.S. Inflation was "stronger than expected," said Lou Brien, a market strategist at DRW Trading in Chicago.

  • BOSTON, Feb 26- The Collins Alternative Solutions Fund, a mutual fund that offered hedge fund strategies to retail investors, has been shut down after suffering a double-digit decline in 2015 and falling more this year. "The board concluded that it would be in the best interests of the fund and its shareholders that the fund be closed and liquidated," Collins...

  • US TREASURY YIELDS INCREASE AFTER SEVEN-YEAR NOTE AUCTION, SEVEN-YEAR YIELDS RISE TO 1.55 PERCENT.