Yields still not attractive enough to justify underweighting equities: UBS. TINA is the acronym for "there is no alternative," a market mantra that reflected the frustration of investors who saw no alternative to stocks in a post-financial crisis world dominated by ultralow government bond yields as the Federal Reserve and other global central banks embarked on asset-buying programs and other forms of extraordinary stimulus. A selloff in Treasurys has seen longer-dated...
So far this year, the 30- year-fixed has averaged 4.49%, up from 3.99% throughout 2017.. Rates for home loans fell in tandem with the bond market, a welcome respite for the housing market after a recent run- up in home financing costs. The 30- year fixed-rate mortgage averaged 4.85% in the October 18 week, down 5 basis points, mortgage buyer Freddie Mac said Thursday.
U.S. Treasury yields rose on
Friday, with the 10-year yield hovering near a one-week high as
traders pared safe-haven bond positions stemming from hopes for
reduced tension between Italy and the ...
By Mark DeCambre, MarketWatch, Sunny Oh. Italian 10- year government bond yields retreated from their multiyear high on Friday as a key European Union official sought to play down tensions with Rome over the government's budget plan. Yields for 10- year Italian debt fell 13.2 basis points to 3.538%, after touching a fresh four-year high of 3.777% earlier in the day.
By Mark DeCambre, MarketWatch, Sunny Oh. Italian 10- year government bond yields retreated from their multiyear high on Friday as a key European Union official sought to play down tensions with Rome over the government's budget plan. Yields for 10- year Italian debt fell 13.2 basis points to 3.538%, after touching a fresh four-year high of 3.777% earlier in the day.
By Christopher Whittall and Marcus Walker. Concerns over Italy's finances spread to other European bond markets this week, in a worrying sign for investors who until recently hoped that market jitters would be contained. The gap in yield between 10- year Spanish bonds and haven German debt hit its widest level since April 2017 during Friday's session before narrowing later in the day, according to Refinitv, while Portuguese debt also came under pressure.
U.S. government bond prices fell Friday as investors speculated that the Federal Reserve is becoming more hawkish. The yield on the benchmark 10- year Treasury note yield rose to 3.188%, according to Tradeweb, from 3.175% Thursday. Yields rise as bond prices fall.
U.S. Treasury yields rose on
Friday, with the 10-year yield hovering near a one-week high as
traders pared safe-haven bond positions on a recovery in Wall
Street stocks and hopes for reduced tension ...
The Italian government bond market rebounded, pulling down yields, after Pierre Moscovici, European commissioner for economic and financial affairs, appeared to soften criticism of Italy's draft budget, giving some relief to concerns of a standoff between Rome and Brussels. The 10- year Italian government bond yield fell 9.5 basis points to 3.575%, narrowing the yield spread against the German 10- year bond to around 314 basis points, or 3.14 percentage points.
* EU's Moscovici says wants to reduce tension with Italy. * Italian bond yields fall across the curve. * BTP/Bund spread falls from 5-1/2 year highs. By Dhara Ranasinghe and Virginia Furness.
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