Investing Securities

  • U.S.-BASED HIGH-YIELD BOND FUNDS POST $562 MLN WITHDRAWALS OVER WEEKLY PERIOD; 3 RD WEEK OF WITHDRAWALS OUT OF FOUR- LIPPER.

  • U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS ATTRACT $873 MLN; 12 TH STRAIGHT WEEK OF INFLOWS- LIPPER.

  • U.S.-BASED TAXABLE BOND FUNDS ATTRACT $1.5 BLN OVER WEEKLY PERIOD AFTER $4.9 BLN INFLOW THE WEEK PRIOR- LIPPER.

  • *Brisk $28 bln U.S. 7- year debt sale stokes bond demand. NEW YORK, May 26- U.S. "U.S. yields are attractive versus the rest of the world," said Jack Flaherty, who co-manages GAM's Unconstrained Bond Strategy in New York.

  • NEW YORK, May 26- For more than eight months, investors have poured money into the riskiest U.S. municipal bonds, boosting prices as they dive into anything that can give them fatter yields in a global low-rate environment. They are waving red flags about its most notorious borrower, Puerto Rico, but also its best-performing sector, tobacco, and other potentially...

  • TOKYO, May 26- Japanese government bond prices edged up on Thursday as a recent surge in Tokyo stocks flagged, and as the market took heart after a 40- year debt auction attracted ample investor demand. The bid-to-cover ratio, a gauge of demand, at the 400 billion yen 40- year auction inched up to 3.07 from 3.06 at the previous sale in February. Tokyo's Nikkei was up 0.4...

  • NEW YORK, May 25- U.S. Treasury prices fell on Wednesday with short- and medium-dated yields hitting 10- week highs, prompted by a solid advance in Wall Street stock prices and traders booking profits on curve-related positions. Longer-dated yields had more room to move up with a June rate hike coming back into the picture, "said Matt Duch, portfolio manager at...

  • *Greece to get 10.3 bln euros new cash, 7.5 bln of it in June. BRUSSELS, May 25- Euro zone governments on Wednesday offered Greece debt relief in 2018, but left key details for later in a bid to bridge Germany's view that no immediate action was needed and the International Monetary Fund's call for decisions now. But the bigger step forward was the debt relief deal...

  • May 25- Vanguard Group, the No. 1 U.S. mutual fund company, appointed Michael Rollings as chief financial officer and head of its finance division. The Valley Forge, Pennsylvania- based company said Rollings, most recently CFO of life insurance company MassMutual Financial Group, will join Vanguard next month. Vanguard, which managed more than $3.5 trillion in...

  • FRANKFURT, May 25- Bayer could receive financing from the European Central Bank that would help to fund a takeover of Monsanto, according to the terms of the ECB's bond-buying programme. U.S.-based Monsanto, the world's largest seed company, turned down Bayer's $62 billion bid on Tuesday, but said it was open to further negotiations. The ECB is buying 80 billion...

  • Greenberg: Alibaba's accounting doesn't make sense

    Herb Greenberg, Partner at Pacific Square Research, discusses the SEC's investigation into Alibaba. There are issues with the company's transparency, says Greenberg.

  • NEW YORK, May 25- U.S. Short- and medium-term yields touched 10- week highs in earlier trading, as further gains on Wall Street and growing bets on a possible Federal Reserve rate increase this summer reduced demand for U.S. government debt. "There's been a lot of demand at auctions especially with Bund and JGBs yielding very little," said Timothy High, senior U.S....

  • NEW YORK, May 25- Mutual fund investors showed a flash of optimism after a year of fleeing risky assets, putting the most money in U.S.-based emerging-market products since April 2015 during the latest week, Investment Company Institute data showed on Wednesday. The emerging-market funds took in $830 million during the week that ended May 18.

  • *Russia accuses West of leaning on banks to abstain. MOSCOW/ LONDON, May 25- Russia on Wednesday hailed its Eurobond issue as a triumph over Western obstruction, but there was no sign that big foreign investors had bought the bond and, unusually for a large issue, there was scant trading in the paper once it was placed. Russia nevertheless put a positive spin on the...

  • NEW YORK, May 25- U.S. Treasury prices dipped on Wednesday, with short- and medium-term yields hitting 10- week highs, as further gains on Wall Street and growing bets on a possible Federal Reserve rate increase this summer reduced demand for U.S. government debt. "The Fed may raise rates earlier than what the market is pricing in right now," said Richard Gilhooly, head...

  • *Euro finance ministers approve new aid tranche for Greece. ATHENS, May 25- Greece's government trumpeted a debt relief deal with other euro zone countries on Wednesday as the beginning of the end of its bruising six-year financial crisis but Greeks remained sceptical and markets were cautious. Playing with traditional komboloi worry beads at a cheap cafe in...

  • *Russia accuses West of leaning on banks to abstain. MOSCOW/ LONDON, May 25- Russia on Wednesday hailed its Eurobond issue as a triumph over Western obstruction, but there was no sign that big foreign investors had bought the bond and, unusually for a large issue, there was scant trading in the paper once it was placed. Russia nevertheless put a positive spin on the...

  • FRANKFURT, May 25- The European Central Bank will aim to start small when it begins buying corporate debt in June, seeking first to lure new issuers and then slowly raise the monthly pace of purchases to 5- 10 billion euros, several central bank sources have told Reuters. The difficulty is that the 600 billion euro market for such notes is largely limited to big...

  • BUDAPEST/ WARSAW, May 25- Government bonds rebounded in Warsaw on Wednesday as an auction drew solid demand amid signs of an easing of a constitutional standoff with Brussels. Poland's 10- year government bond yield had earlier touched a 3- week high at 3.119 percent amid expectations of a U.S. Federal Reserve interest rate hike that weighed on debt markets...

  • *Euro finance ministers approve new aid tranche for Greece. After years of austerity measures demanded by Greece's international creditors- the latest passed in parliament last Sunday- Greeks wonder whether the sacrifices they have made to stay in the euro were worth the pain. Playing with worry beads at a cheap cafe in an Athens suburb, Zabetakis paid 1 euro for...