TREASURY YIELDS FALL TO SESSION LOWS AFTER NORTH KOREA'S FOREIGN MINISTER SAYS TRUMP HAD DECLARED WAR ON NORTH KOREA.
LONDON, Sept 25- A deal between Britain and the European Union to allow 20 trillion pounds of derivatives contracts to run their course after Brexit will be critical to avoid a disruptive "cliff edge," a top British regulator said on Monday. Andrew Bailey, chief executive of the Financial Conduct Authority, said the issue of potential derivatives contract...
DUBAI, Sept 25- Saudi Finance Minister Mohammed al-Jadaan told bond investors during a presentation on Monday that the initial public offering of Saudi state oil giant Aramco will proceed as planned in 2018, sources familiar with the matter told Reuters. Saudi Arabia held the global investor call in preparation for a potential third international bond...
NEW YORK, Sept 25- U.S. U.S. bond yields initially fell in step with their German counterparts following a surprisingly weak election result for Germany's Angela Merkel as a surge in support for the far right stoked concerns about a more hardline stance towards the euro zone. "Even with the lower rates on Friday and the volatility this morning, we are seeing more...
Sept 25- Securities insurer Assured Guaranty Ltd said on Monday it would grant Hartford, the capital of Connecticut, a municipal bond that offers financial support, a move that could help the city avoid filing for bankruptcy. Hartford would likely seek to file for bankruptcy if the state does not have a budget in place in 60 days, Mayor Luke Bronin had warned...
Sept 25- Securities insurer Assured Guaranty Ltd said on Monday it is willing to issue Hartford, the capital of Connecticut, a general obligation bond that could help the city avoid filing for bankruptcy. Hartford would likely seek to file for bankruptcy if the state does not have a budget in place in 60 days, Mayor Luke Bronin had warned earlier this month.
NEW YORK, Sept 25- U.S. Treasury yields remained at lower levels early Monday as New York Federal Reserve President William Dudley suggested the U.S. central bank would raise interest rates further at a gradual pace and temporary factors depressing inflation are "fading." At 8:39 a.m., the yield on benchmark 10- year Treasury notes was down 1 basis point at 2.252...
TREASURY YIELDS HOLD AT LOWER LEVELS AFTER FED DUDLEY'S REMARKS ON INTEREST RATES, INFLATION.
*New Zealand dollar slides on election result. LONDON, Sept 25- The euro and European government bond yields slipped on Monday after the bloc's most powerful leader, German Chancellor Angela Merkel, won a fourth term but faced a fractured parliament as support for the far right surged. Investors were unnerved by the prospect of months of coalition talks that...
*New Zealand dollar hit by mixed election. LONDON, Sept 25- The single currency and European stocks slipped on Monday after the bloc's most powerful leader German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged. Political uncertainty also weakened the New Zealand dollar as the ruling National...
TOKYO, Sept 25- Benchmark Japanese government bonds were steady on Monday, with the market having a muted reaction to the possibility of additional stimulus steps after Prime Minister Shinzo Abe's expected announcement of a snap election. He ordered his cabinet on Monday to compile new economic stimulus measures in a package worth around 2 trillion yen by the...
Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...
Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...
Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...
Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...
CHICAGO, Sept 22- Illinois will sell $6 billion of bonds in October to shrink the state's unpaid bill backlog that hit a record $16 billion this week, the Governor's Office of Management and Budget said on Friday. In October, Illinois will sell $4.5 billion of general obligation bonds through a team of senior underwriters consisting of Barclays Capital, Bank of...
CHICAGO, Sept 22- Illinois will sell $6 billion of bonds in October to shrink the state's unpaid bill backlog that hit a record $16 billion this week, the Governor's Office of Management and Budget said on Friday. In October, Illinois will sell $4.5 billion of general obligation bonds through a team of senior underwriters consisting of Barclays Capital, Bank of...
*North Korea rhetoric boosts safe-haven assets. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical concerns. "Increasing tensions with North Korea is putting a little bit of selling pressure on the dollar, especially against the Japanese yen,"...
A look at the AP Municipal Bond Index for Friday, Sept. 22:. Yield increased 7 basis points over the last week to 1.53 percent. It was 5 basis points on Sept. 15.
Treasury prices gained on Friday on global concerns about North Korea after it said it might test a hydrogen bomb over the Pacific Ocean, and as investors closed positions before the weekend. "There's much less selling in advance of the weekend," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. "This has the initial appearance of...
