* NY FED STATEMENT REGARDING TREASURY SECURITIES OPERATIONS. * NY FED - DESK IS MAKING TECHNICAL ADJUSTMENTS TO ITS PURCHASES OF TREASURY SECURITIES CONDUCTED ON BEHALF OF FEDERAL OPEN MARKET COMMITTEE. * NY FED - DESK IS UPDATING THE MATURITY RANGES FOR ITS PURCHASE SECTORS AND THE ASSOCIATED SECTOR WEIGHTS.
* FCA AND BANK OF ENGLAND ENCOURAGE MARKET PARTICIPANTS IN A SWITCH TO SONIA IN STERLING EXCHANGE TRADED DERIVATIVES MARKET FROM 17 JUNE. * FCA AND BANK OF ENGLAND ENCOURAGE MARKET PARTICIPANTS IN A SWITCH TO SONIA IN STERLING EXCHANGE TRADED DERIVATIVES MARKET FROM 17 JUNE.
U.S. government bond yields posted their biggest one-day climb in almost two months Wednesday after new data showed consumer prices surged in April, a sign that the economic recovery is still picking up steam. The yield on the benchmark 10- year Treasury note finished the session at 1.693%, according to Tradeweb, up from 1.623% at Tuesday's close. That marks the largest single-session gain since March 18..
* Three hikes expected by December 2023. The eurodollar futures market, which tracks short-term U.S. interest rate expectations over the next few years, is betting on a roughly 80% chance of a rate increase from the Federal Reserve by December 2022, after the release of stronger-than-expected inflation data.
U.S. government bond yields climbed Wednesday after new data showed consumer prices surged in April, a sign that the economic recovery is still picking up steam. The yield on the benchmark 10- year Treasury note recently traded at 1.668%, according to Tradeweb, up from 1.624% at Tuesday's close. Yields, which rise when bond prices fall, shot up after the Labor Department reported its consumer-price index jumped 4.2% in April from a year earlier-- the highest 12- month level since the...
U.S. Treasury yields climbed on
Wednesday following a much stronger than expected reading on
consumer prices that heightened concerns the economy may be
heading towards a sustained period of higher ...
Markets must not replace the tarnished Libor interest rate with alternatives that could end up replicating the same flaws that made it easy for banks to manipulate, Bank of England Governor Andrew Bailey said on Tuesday. The London Interbank Offered Rate is being scrapped at the end of December, though the publication of some dollar denominations continue until mid-2023 for outstanding contracts.
U.S. government bond yields swung sharply Friday after a disappointing jobs report caught traders off guard but didn't fundamentally change Wall Street's mostly optimistic outlook on the economic recovery. The yield on the benchmark 10- year U.S. Treasury note fell as low as 1.487%, according to Tradeweb, compared with roughly 1.570% just before the report was released and 1.561% Thursday.
- A bruising bond market sell-off earlier this year appears to remain high on the minds of Federal Reserve officials, who in a report on Thursday singled out the event as illustrative of continuing liquidity issues in the $21 trillion U.S. Treasury market.
The Bank of England said Britain's economy would grow by the most since World War Two this year and slowed the pace of its trillion dollar bond-purchasing programme, but stressed it was not reversing its stimulus. Governor Andrew Bailey welcomed the prospect of a stronger recovery than previously forecast as the country races ahead with its coronavirus vaccinations, with much lower unemployment.
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