A new report from analyst firm Aite-Novartica has found nearly a third of bond market participants and traders believe it is hard to justify the cost of data, given the additional value it provides. Source: The Desk In many cases, the inability to create clean data was to blame – a phenomenon that lives on…
Global bond yields are on the move higher, driven by fears of US Fed rate hikes since last week’s FOMC. Those concerns were further stoked by hawkish, less sanguine on inflation comments by Fed Chairperson Powell in front of his semi-annual Congressional testimony this week. The UK’s BOE has sounded similarly more aggressive in tone…
For financial markets, the week started with a blaze, as global stocks tumbled on Chinese real estate, Fed tapering, US budgetary & debt ceiling, and Covid variant jitters. The week ahead features Central Bank policy meetings out of the US, UK, Norway, Sweden, and Japan. The 2-day FOMC meeting ending with Powell’s press conference on…
German benchmark government yields were seen little changed on a week-over-week basis, as the ECB delivered enough of a dovish message to calm investor pending policy shift concerns. 10-year Bund yields rose only fractionally to -.31%, with a -8 basis point decline in real yields slightly more than offset by a +9 basis point increase…
We live in a strange time where much weaker-than-expected US nonfarm payrolls data on Friday sends stocks higher merely on the expectations for delayed tapering and lower rates for longer. As such, bad is somehow good, at least in the eyes of the US equity investor. 10-year government bond yields themselves moved higher in both…
German government bond yields were seen higher on the week, with a noticeable curve-steepening bias, driven by higher-than-expected EZ inflation data. 10-year yields themselves increased a full +8 bps to -.40%, led by rising inflation expectations, as evidenced by inflation-linker market pricing. Upside technical support is now being tested, with follow-up support seen near -.30%,…
German government bond yields were seen higher on the week, with a noticeable curve-steepening bias, driven by higher-than-expected EZ inflation data. 10-year yields themselves increased a full +8 bps to -.40%, led by rising inflation expectations, as evidenced by inflation-linker market pricing. Upside technical support is now being tested, with follow-up support seen near -.30%,…
Over 60% of fixed income institutional investors do not have an execution order management system and less than half are looking to implement one by the end of 2021, according to a Barclays Global Fixed Income Markets Structure Survey. Source: Best Execution Equally as important, the survey which canvassed central banks, asset managers, insurance companies…
German 10-year yields declined -4 bps over the past week to re-test the -.50% level for the second time this month. Meanwhile, 30-year yields are back into negative territory, with the entire German curve now inverted. Slowing growth expectations, Covid 19 delta variant spread concerns, and geopolitical safe haven buying triggered by the crisis in…
The rally in the German bond market in place for much of the past few months ran into a bit of a roadblock in the form of last Friday’s strong US employment data. That said, 10-year Bund yields are seen only about a basis point higher on the week, lagging the move up in Treasury…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
