For much of this year, Treasuries offered investors little of their traditional protection when technology stocks stumbled. This week, that role has bounced back sharply.
For much of this year, Treasuries offered investors little of their traditional protection when technology stocks stumbled. This week, that role has bounced back sharply.
Japanese investors’ purchases of domestic government bonds climbed to the highest in 17 years in the fiscal first half, a move that some analysts said reflected an attempt by pension funds to rebalance their portfolios.
As the Hong Kong dollar nears the weak end of its trading band, strategists see currency defenses raising the risk of volatility in borrowing costs, with interbank cash reserves sitting near historical lows.
Long-term Treasuries advanced as traders focused on the potential that Wednesday’s release of US consumer prices data will reinforce expectations for another Federal Reserve interest-rate increase.
Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number of benchmark interest-rate hikes needed to get inflation under control.
Japanese investors hold far more French bonds than benchmark weightings recommend, raising the threat of a new wave of selling that could deepen France’s debt rout.
For decades, the Japanese yen has been one of the world’s favored currencies for investors looking to borrow cheaply and put that money into assets offering higher returns.
Japan’s rising yields are drawing record demand for retail government bonds, offering a potential new source of funding just as policymakers seek to contain borrowing costs and reduce market supply.
US Treasuries rose as oil price declines and gains for UK government bonds reinforced improving sentiment after the Federal Reserve’s interest-rate hike and pledge to throttle inflation.
Australian bond yields climbed to the highest in over a decade on Friday, tracking overnight moves in Treasuries as a spike in crude prices deepened concerns about inflation.
The US President’s promise of a national cash payout for a Republican Party mid-term election victory is injecting fresh uncertainties into the Treasury market ahead of a 30-year bond auction, renewing concerns about Washington’s fiscal discipline and erratic policymaking.
Japanese retail investors are betting against the yen’s sharp rally, adding to bearish wagers even as the currency climbs to its strongest levels in months.
Sift through the filings of pension funds and insurers around the world and one thing stands out: some of the biggest holders of US assets have little protection against a weaker dollar, leaving the currency at risk of steeper declines if sentiment suddenly turns.