Bonds
Treasury Two-Year Yields Touch Highest Level Since January on Retail Gain Treasuries fell, with the two-year
note yield touching the highest level since January, as an
unexpected increase in U.S. retail sales diminished the appeal
of government securities.
`Barbell' Approach Best for Asian High-Grade Debt to Reduce Risk, RBS Says Investors should employ a
“barbell” strategy for investment-grade corporate debt, buying
top-rated bonds and notes rated A or below to minimize risk,
according to Royal Bank of Scotland Group Plc.
Junk Bonds Beating Investment Grade as TXU, Freescale Soar: Credit Markets High-yield, high-risk bonds are
beating investment-grade debt for the first time this year as
confidence in the U.S. economic recovery gains strength.
Janet Yellen Said to Be Obama Pick for Fed Vice Chairman to Replace Kohn Federal Reserve Bank of San
Francisco President Janet Yellen is President Barack Obama’s
pick for vice chairman of the central bank in Washington, two
people with knowledge of the selection process said.
Argentina, Colombia and Mexico: Latin American Bond and Currency Preview The following events and economic
reports may influence trading in Latin American local bonds and
currencies today. Bond yields and exchange rates are from the
previous day’s session.
Emerging-Market, High-Yield Bond Funds Receive Record Inflows, EPFR Says Emerging-market and high-yield bond
funds each took in more than $1 billion in the week ended March
10, EPFR Global said, the most since the research firm began
publishing weekly data on the sectors a decade ago.
German Bonds Fall as Industrial Production Rallies, Italy Offers New Bonds German government bonds fell as
European stocks advanced, Italy sold new debt and a report
showed European industrial production jumped, stemming demand
for the safest assets.
Dubai World Seeks to Separate `Good' Businesses From Underperforming Ones Dubai World, the state-owned
holding company restructuring $26 billion in debt, is seeking to
separate “good” businesses from underperforming assets as part
of its restructuring plan, the head of the city’s airline said.
Jordan Local-Currency Rating Cut to BBB- by S&P on Rising Government Debt Standard & Poor’s Ratings Services
lowered its long-term local currency sovereign credit rating on
Jordan to BBB- from BBB on weaker fiscal flexibility and rising
government debt.
Japan's 10-Year Bonds Fall, Complete Second Weekly Drop, on Rising Stocks Japan’s 10-year bonds fell,
completing a second weekly decline, as Asian stocks joined a
rally in global equities, damping demand for the safety of debt.
CLP Holdings Said to Plan Sale of $500 Million of 10-Year Securities Today CLP Holdings Ltd., Hong Kong’s
biggest electricity supplier, plans to sell about $500 million
of 10-year bonds today, according to three people familiar with
the matter.