Treasuries surged in the day leading up to the US government’s belated reading of labor-market data, with investors pricing in a greater chance that the Federal Reserve lowers interest rates multiple times this year.
Treasuries surged in the day leading up to the US government’s belated reading of labor-market data, with investors pricing in a greater chance that the Federal Reserve lowers interest rates multiple times this year.
A key part of the US yield curve is near its steepest level in four years as investors look to the Treasury’s quarterly bond sale plans later Wednesday for clues on future government issuance.
A key part of the US yield curve is near its steepest level in four years as investors look to the Treasury’s quarterly bond sale plans later Wednesday for clues on future government issuance.
The yield on German 30-year bonds has climbed to the highest level since 2011 as investors demand higher compensation in response to a surge in government debt issuance.
The yield on German 30-year bonds has climbed to the highest level since 2011 as investors demand higher compensation in response to a surge in government debt issuance.
The dollar pared gains and the Treasury curve steepened after US President Donald Trump said he intends to nominate Kevin Warsh as the next Federal Reserve chair, seen by markets as a relatively hawkish choice.
The dollar pared gains and the Treasury curve steepened after US President Donald Trump said he intends to nominate Kevin Warsh as the next Federal Reserve chair, seen by markets as a relatively hawkish choice.
Traders are using options to bet on European Central Bank policymakers surprising markets by delivering a quarter-point interest-rate cut at some point this year.
Traders are using options to bet on European Central Bank policymakers surprising markets by delivering a quarter-point interest-rate cut at some point this year.
Banks borrowed a record amount from a Bank of England repo facility, signaling growing demand for cash at a time when the central bank continues to drain excess liquidity from the financial system.
Banks borrowed a record amount from a Bank of England repo facility, signaling growing demand for cash at a time when the central bank continues to drain excess liquidity from the financial system.
Gilts are heading for their worst week since April as the return of political risk and economic data surprises in the UK cap a turbulent spell for global bond markets.
Gilts are heading for their worst week since April as the return of political risk and economic data surprises in the UK cap a turbulent spell for global bond markets.
The HM Treasury offices in London. Photographer: Hollie Adams/Bloomberg
Demand for a UK gilt far exceeded the amount offered on Tuesday even with yields near the lowest level in a year, underscoring investor appetite despite the uncertain economic outlook.
Demand for a UK gilt far exceeded the amount offered on Tuesday even with yields near the lowest level in a year, underscoring investor appetite despite the uncertain economic outlook.
The UK’s benchmark bonds rallied to send borrowing costs to the lowest since December 2024, giving Chancellor Rachel Reeves some breathing space on the country’s finances.
The UK’s benchmark bonds rallied to send borrowing costs to the lowest since December 2024, giving Chancellor Rachel Reeves some breathing space on the country’s finances.
France’s latest bond sale has pulled in more than €115 billion ($134 billion) of orders, showing investor faith in the country even as lawmakers have yet to agree a budget and its deficit risks what the central bank’s chief calls a “danger zone.”
France’s latest bond sale has pulled in more than €115 billion ($134 billion) of orders, showing investor faith in the country even as lawmakers have yet to agree a budget and its deficit risks what the central bank’s chief calls a “danger zone.”
France’s latest bond sale has pulled in more than €115 billion ($134 billion) of orders, showing investor faith in the country even as lawmakers have yet to agree a budget and its deficit risks what the central bank’s chief calls a “danger zone.”
France’s latest bond sale has pulled in more than €115 billion ($134 billion) of orders, showing investor faith in the country even as lawmakers have yet to agree a budget and its deficit risks what the central bank’s chief calls a “danger zone.”
Gilts are rallying to start the year as the UK government shifts away from long-term borrowing and weaker inflation fuels bets on Bank of England interest-rate cuts.
Gilts are rallying to start the year as the UK government shifts away from long-term borrowing and weaker inflation fuels bets on Bank of England interest-rate cuts.
The Bank of England in the City of London. Photographer: Jason Alden/Bloomberg
Italy and Portugal are adding to a record-breaking week for global bond sales, with big government debt deals on offer Thursday alongside another heavy slate of corporate and financial offerings.
Italy and Portugal are adding to a record-breaking week for global bond sales, with big government debt deals on offer Thursday alongside another heavy slate of corporate and financial offerings.
Pedestrians pass the Palazzo Montecitorio, Italy's parliament building and office of the Chamber of Deputies, in Rome, Italy, on Friday, Feb. 21, 2014. Italy's government bonds rose, with 10-year securities extending a fourth weekly gain, as Prime-Minister-designate Matteo Renzi prepared to name his cabinet amid speculation he will accelerate economic reform.
German government bonds extended gains on Wednesday as weak economic data prompted traders to increase their bets on rate cuts, offsetting the prospect of a jump in debt sales.
German government bonds extended gains on Wednesday as weak economic data prompted traders to increase their bets on rate cuts, offsetting the prospect of a jump in debt sales.
The national flag of Germany above the Reichstag building in Berlin.