NEW YORK, April 19- U.S. Oil prices have recovered from lows reached early on Monday, after a deal to freeze oil output by OPEC and non- OPEC producers fell apart on Sunday. "It does feel like we are really drifting and taking cues from risk sentiment at this point," said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York.
Buckle up: The stock market is due for a drop of 25 percent or more, says Michael Pento. Here's why.
US TREASURY YIELDS FALL AS STOCKS DECLINE, 10- YEAR NOTE YIELDS DROP TO 1.78 PERCENT.
US TREASURY PRICES EXTEND LOSSES, 10- YEAR NOTE YIELDS RISE TO 1.806 PCT, HIGHEST SINCE APRIL 1.
US TREASURIES EXTEND PRICE LOSSES AS STOCKS GAIN, 10- YEAR NOTE YIELDS INCREASE TO 1.79 PCT.
NEW YORK, April 19- U.S. Oil prices quickly recovered from lows reached early on Monday, after a deal to freeze oil output by OPEC and non- OPEC producers fell apart on Sunday. "It does feel like we are really drifting and taking cues from risk sentiment at this point," said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York.
US TREASURIES ERASE MOST EARLIER PRICE LOSSES, 10- YEAR YIELDS FALL TO 1.77 PERCENT.
ARGENTINA LAUNCHES US$6.5BN 10-YEAR BOND AT 7.5%.
ARGENTINA LAUNCHES US$4.5BN FIVE-YEAR BOND AT 6.875%.
ARGENTINA LAUNCHES US $2.75 BN 30- YEAR BOND AT 8%, WITH 7.625% COUPON.
ARGENTINA LAUNCHES US$2.75BN THREE-YEAR BOND AT 6.25%.
April 19- U.S. stock index futures were higher on Tuesday, tracking a rise in crude after a strike by oil workers in Kuwait affected production from the OPEC country. *Wall Street rallied on Monday, with the Dow Jones industrial average closing above the 18,000 mark for the first time since July. The report is due at 8:30 a.m. ET.
mth highs@ LONDON, April 19- Emerging market assets resumed their recent rally on Tuesday as oil prices recovered, with stocks at 5-1/ 2 month highs and currencies strengthening across the board while Argentina wowed markets with its bond market return. "Investors should get out of the bunker and off the fence and make a longer-term bullish commitment to both Asia...
TOKYO, April 19- Japanese government bond prices held firm after an auction of five-year JGBs attracted solid demand on Tuesday, amid expectations that the Bank of Japan could ease its policy further later this month. Many market players also expect the BOJ to ease its policy, either in the form of additional asset purchases or a further cut in already negative...
SHANGHAI, April 19- Chinese firms have delayed or cancelled at least 68.8 billion yuan of bond and other fixed income issuance so far in April, bond market data sources showed on Tuesday. Around 70 firms have delayed or cancelled issues, many in excess capacity industries including cement and mining, according to data compiled from China's two main...
SHANGHAI, April 19- Forty-one firms delayed or canceled bond issues in China from April 11 to April 15, according to the online Chinese financial magazine Caixin. Total delayed or canceled issues totalled 48.1 billion yuan, Caixin said, citing data from the website of China's interbank bond market operator. Chinese fixed income yields, including treasury rates,...
NEW YORK, April 18- Argentina got an enthusiastic welcome back to the club of borrower nations on Monday, amassing more than US $65 bn in orders for its first international bond in 15 years. The surge of demand for the bond, which will price on Tuesday, allowed Argentina to set pricing guidance close to its optimistic funding costs for the ground-breaking deal.
NEW YORK, April 18- U.S. U.S. bonds had gained a bid overnight as oil prices plunged after a deal to freeze oil output by OPEC and non- OPEC producers fell apart on Sunday. "Oil prices are going to continue to be very important to the market," said Mary Ann Hurley, vice president in fixed income trading at D.A.
ARGENTINA SETS GUIDANCE OF 6.25%-6.50% ON THREE-YEAR BOND.
ARGENTINA SETS GUIDANCE OF 7.5%-7.625% ON 10-YEAR BOND.