Global stocks and U.S. bond yields rose on Tuesday, as a U.S. regulator-backed deal by First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.3% by early morning Hong Kong time.
The acquisition of Silicon Valley Bank by First Citizens BancShares Inc ?and rumors of?a U.S.?government's extension of emergency lending arrangements provided relief to markets and the?banking sector on Monday. But it also resulted in significant shocks in Fed interest rate expectations and Treasuries' price action.
* Dow and S&P up, Nasdaq lags with rate hikes in focus. * Oil prices rally while gold falls. * U.S. bank stocks rebound, bitcoin falls. * Deposits flow to money market funds, large banks. By Sin?ad Carew.
U.S. Treasury yields rose
on Monday on greater optimism that stress in the banking sector
will be contained and as the Treasury Department saw soft demand
for a sale of two-year notes.
First ...
* U.S. stocks follow European stocks higher. * Oil prices climb while gold falls. * U.S. bank stocks rebound, bitcoin falls. * Deposits flow to money market funds, large banks. By Sin?ad Carew.
U.S. Treasury yields rose
on Monday on greater optimism that stress in the banking sector
will be contained and before the Treasury Department will sell
short- and intermediate-dated debt.
Wall Street equities gained and U.S. Treasury yields rose on Monday as investor concerns about the financial system were calmed after First Citizens BancShares said it would take on the deposits and loans of failed Silicon Valley Bank. The deal offered a respite after weeks of turmoil prompted by the collapse of tech-focused Silicon Valley Bank and punctuated by more bank failures and rescues.
U.S. Treasury yields came
off six-month lows reached earlier on Friday but remained lower
on the day as concerns about further stress in the banking
sector led investors to seek out the safe haven ...
U.S. Treasury yields
dropped to six-month lows on Friday as concerns about further
stress in the banking sector led investors to seek out the safe
haven debt.
U.S. Treasury yields fell sharply to their lowest levels since September on Friday as nagging concerns about turmoil in the banking sector sent investors fleeing to safe-haven government debt. Two-year Treasury yields were last down 19 bps at 3.62%, having earlier dropped to 3.566%, the lowest since mid-September.
U.S. two-year Treasury yields fell sharply to their lowest levels since September on Friday as nagging concerns about turmoil in the banking sector sent investors fleeing to safe-haven government debt. Two-year Treasury yields were last down 20 bps at around 3.59%, having dropped to as low as 3.566%. Yields move inversely to prices.
Japanese government bond yields mostly fell on Friday, tracking U.S. Treasury yields, which dropped on expectations that the Federal Reserve may pause interest rate hikes.
-As markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds and European equities are tipped to win from the recent ructions. The Fed delivered a small 25 basis-point rate hike on Wednesday and hinted rises may end soon, with Chairman Jerome Powell admitting the central bank needs to consider how much the turmoil has tightened financial conditions.
-As markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds and European equities are tipped to win from the recent ructions. The Fed delivered a small 25 basis-point rate hike on Wednesday and hinted rises may end soon, with Chairman Jerome Powell admitting the central bank needs to consider how much the turmoil has tightened financial conditions.
U.S. Treasury yields
dropped on Thursday, a day after the Federal Reserve hiked rates
by 25 basis points but indicated that it is on the verge of
pausing further increases after the recent collapse ...
- As markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds and European equities are tipped to win from the recent ructions.
* Goldman Sachs raises gold price forecasts. * Dollar drops for 6th session to lowest since Feb. 2. * Treasury yields near September lows. By Seher Dareen. Gold prices extended gains to a second straight session on Thursday, boosted by a slide in the U.S. dollar and Treasury yields after the Federal Reserve signalled an end to its monetary tightening cycle might be on the cards.
U.S. Treasury yields
dipped on Thursday, a day after the Federal Reserve hiked rates
by 25 basis points but indicated that it is on the verge of
pausing further increases after the recent collapse of ...
Wall Street stocks jumped on Thursday, pushing up global stock indexes, and Treasury yields fell, after investors took comfort that the Federal Reserve might pause its interest rate rises to offset the turmoil in financial markets.
Wall Street stocks rose on Thursday, pushing up global stock indexes, and Treasury yields fell, as investors took comfort that the Federal Reserve might pause its interest rate rises to offset the turmoil in financial markets.
U.S. Treasury yields fell
on Wednesday after the Federal Reserve raised interest rates by
25 basis points, as was widely expected, and said policymakers
believe beating back inflation may require ...
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. By Koh Gui Qing. U.S. stocks retreated from near two-week highs on Wednesday after the Federal Reserve raised borrowing costs, but signaled that it might be on the verge of pausing future interest rate hikes amid recent turmoil in financial markets.
U.S. Treasury yields fell
to session lows on Wednesday after the Federal Reserve raised
interest rates by 25 basis points, as was widely expected, and
said policymakers believe beating back inflation ...
* Gold ascends 2%, before paring some gains. * * Treasury yields drop, dollar hits seven-week low. By Bharat Gautam and Seher Dareen. Gold prices climbed on Wednesday after the U.S. Federal Reserve toned down its aggressive approach to reining in inflation in a widely anticipated policy statement, and indicated that an end to interest rate hikes was on the horizon.
U.S Treasury yields edged
higher on Wednesday before the Federal Reserve is expected to
hike interest rates by an additional 25 basis points as
investors weighed whether Fed Chair Jerome Powell is ...
U.S. stocks retreated from near two-week highs on Wednesday after the Federal Reserve raised borrowing costs, but signaled that it might be on the verge of pausing future interest rate hikes amid recent turmoil in financial markets.
The U.S. Senate Banking Committee will hold the "first of several hearings" on the collapse of Silicon Valley Bank and Signature Bank (SGBG) on March 28, Chairman Sherrod Brown said on Tuesday, with testimony from Federal Deposit Insurance Corporation Chair Martin Gruenberg, Federal Reserve official Michael Barr, and Nellie Liang, an under secretary at the U.S. Treasury Department.
* Fed statement due at 1800 GMT on Wednesday. * Market seeing heavy profit taking - analyst. * SPDR Gold Trust ETF seeing consecutive inflows. By Seher Dareen. Gold dropped about 2% on Tuesday as Treasury yields jumped and easing worries over a banking crisis prompted some investors to cautiously return to riskier assets, while markets await the U.S. Federal Reserve's next interest rate decision.
U.S Treasury yields
gained on Tuesday as improving risk sentiment reduced safe-haven
demand for the U.S. debt before the Federal Reserve will
conclude its two-day meeting on Wednesday.
It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as?Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence into?the banking system. The Treasury Department is also reportedly considering options to temporarily guarantee deposits above and beyond the $250,000 FDIC limit.
* All eyes on Federal Reserve policy meeting this week. * Gold surpassed key $2,000/ounce level earlier. By Seher Dareen. Gold prices retreated from their highest level in a year in volatile trading on Monday, as share markets and Treasury yields bounced back on central banks' efforts to shore up confidence in the financial sector.
Treasury yields rose on
Monday as the takeover of Credit Suisse and central bank steps
to shore up liquidity helped allay investor concerns as they
gauge whether the Federal Reserve may pause its ...
Currency markets showed some cautious optimism after global authorities moved to stem contagion from a simmering banking crisis, with the safe haven dollar on the back foot and the yen tumbling amid a rebound in Treasury yields. The risk-sensitive Australian dollar jumped to a two-week high, while the euro edged higher for a third straight day.
The U.S. Federal Reserve and the Treasury Department said on Sunday they welcomed the announcements by Swiss authorities to support financial stability after UBS sealed a deal to buy rival Swiss bank Credit Suisse. Swiss regulators were forced to step in and orchestrate a deal to prevent a crisis of confidence in Credit Suisse spilling over into the broader financial system.
U.S. Treasury yields
stumbled on Friday, as investor worries about liquidity shortage
in the banking system persisted despite financial rescues for
beleaguered lenders Credit Suisse and First ...
The dollar fell on
Friday as concerns of further turmoil in banking rattled equity
markets and sent Treasury yields lower, while driving fears that
a recession lies on the horizon.
U.S. Treasury yields
dropped on Friday, as investor worries persisted about liquidity
in the banking system despite financial rescues for beleaguered
lenders Credit Suisse and First Republic Bank.
The following are the top stories on the New York Times business pages. - Federal Reserve chair Jerome Powell blocked efforts to include a phrase mentioning regulatory failures at Silicon Valley Bank and Signature Bank (SGBG) in the joint statement released on Sunday evening by the Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation.
Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure while gold prices were poised for their largest one-week rally since March 2020. U.S. Treasury yields extended their slide, and oil prices dove to 15-month lows. Data showed March U.S. consumer sentiment fell for the first time in four months.
Tumult in the banking system has roiled investors over the past week, sending Treasury yields into a tailspin, slamming U.S. bank stocks and exacerbating fears of global financial contagion. More shockwaves may be ahead.
U.S. Treasury yields rose in choppy trading on Thursday
after falling overnight, as banking worries eased on news of
financial support for embattled lenders Credit Suisse
and First Republic Bank.
Eleven banks have announced $30 billion in deposits into First Republic Bank (FRC), the Treasury Department, Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency said in a joint statement on Thursday.
U.S. Treasury yields slid
in choppy trading on Thursday, as investors continued to weigh
the ongoing global banking tension against U.S. economic data
that continued to show resilience in the face of ...
Japanese government bond yields fell on Thursday, tracking U.S. Treasury yields, which fell as Swiss bank Credit Suisse became the latest focal point for fears of a banking crisis. Japan's 10-year JGB yield fell 4 basis points to 0.280%. The 20-year JGB yield fell 4 bps to 1.035%, despite a weak outcome of an auction for the notes with the same maturity.
The yield on Japan's 10-year government bond fell on Thursday, tracking U.S. Treasury yields, which fell on renewed fears of a global banking crisis driven by problems at Swiss bank Credit Suisse. The 10-year JGB yield fell as much as 5 basis points to 0.270% in early trade.
Foreign holdings of U.S. Treasuries rose for a third straight month in January, data from the U.S. Treasury Department showed on Wednesday, with yields continuing their decline as investors reckoned that the Federal Reserve was nearing the end of its tightening cycle.
U.S. Treasury yields
slumped on Wednesday after problems at Swiss banking giant
Credit Suisse stoked fears about the impact of rising
yields on the global banking sector, with U.S. data showing
signs ...
* U.S. data show signs of economic weakness, cooling inflation. * Treasury yields tumble on another bout of turmoil. * Oil prices plunge more than $5 a barrel. By Chris Prentice and Dhara Ranasinghe.
-The U.S. Treasury Department is actively reviewing the U.S. financial sector's exposure to Credit Suisse Group AG after the bank's shares fell to a record low, Bloomberg reported on Wednesday citing people familiar with the matter. Officials from the Treasury are working closely with the Federal Reserve and European regulators as well, the report added.
U.S. Treasury yields
tumbled on Wednesday after U.S. data showed signs of economic
weakness and cooling inflation, while problems at Swiss banking
giant Credit Suisse added to concerns about the ...
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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