* Brexit deal optimism fades before parliament vote. * China hopes to reach trade deal with U.S. soon. * Mid-Atlantic factory activity slowed in October. By Karen Brettell. U.S. Treasuries reversed earlier price weakness on Thursday as concerns grew that Britains parliament may not pass a deal designed to avoid a disorderly exit from the European Union.
A buyout consortium led by Blackstone sent a frisson through debt markets this week as it took advantage of a booming appetite for bonds to push through aggressive terms on financing for its leveraged buyout of Merlin Entertainments.
- Morgan Stanley (MS) reported a higher-than-expected profit on Thursday, bolstered by strength in bond trading and M&A advisory, but executives were careful not to sound too optimistic about the rest of the year. Like other big banks, Morgan Stanley (MS) had to navigate falling interest rates, volatile markets and recession signals during the third quarter, and fared relatively well.
The Canadian dollar strengthened
to a five-week high against its U.S. counterpart on Thursday as
investors welcomed an eleventh-hour Brexit deal and domestic
data showed a stronger-than-expected gain ...
* Optimism over Brexit deal boosts risk appetite. * China hopes to reach trade deal with U.S. soon. * Mid-Atlantic factory activity slowed in October. By Karen Brettell. U.S. Treasury yields rose to their highest in almost a month on Thursday after Britain clinched a last-minute Brexit deal with the European Union, easing concerns about a disorderly exit.
Traders expect Uganda's shilling to strengthen against the dollar next week, but predict a weakening of the Tanzanian currency and those of Kenya and Zambia to hold steady. UGANDA. The Ugandan shilling is forecast to strengthen against the U.S. dollar next week, helped by hard currency inflows from investors buying government debt.
Morgan Stanley (MS) reported a higher-than-expected profit on Thursday, bolstered by strength in bond trading and M&A advisory, but executives were careful not to sound too optimistic about the rest of the year. Like other big banks, Morgan Stanley (MS) had to navigate falling interest rates, volatile markets and recession signals during the third quarter, and fared relatively well.
* Thursday bond sell-off reverses after doubts on Brexit deal. * Bund yields hold up at highest level since late July. * Analysts wait and see ahead of UK parliamentary vote. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Elizabeth Howcroft, Tommy Wilkes and Yoruk Bahceli.
* DUP opposition to Brexit deal stalls bond selloff. * German 10-year edges lower, back towards -0.4% * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Tommy Wilkes and Elizabeth Howcroft. Euro zone bond yields edged lower on Thursday after progress towards a Brexit agreement ran into problems, stalling this week's government bond market selloff.
Prices of most Japanese government bonds edged lower on Thursday after an auction for five-year papers saw tepid demand as investors waited for signs of progress on Brexit negotiations and U.S.-China trade talks. At Thursday's 0.9 trillion yen 5-year JGB auction, the bid-to-cover ratio, a gauge of demand, was 3.69, lower than the average 4.56 from the previous 12 auctions.
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