Analysis: Interest Rates

Nomura flags $2 billion loss, cancels bond issue; shares plummet

TOKYO -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan's biggest brokerage and investment bank to shelve a hefty bond issuance and sending its...

BOJ has room to deepen negative rates with policy review, says ex-central banker

The Bank of Japan's policy review in March has made it easier for the central bank to deepen negative interest rates to combat any yen spike that threatens a fragile economic recovery, a former...

Equities, oil prices surge as Suez Canal shutdown continues

Global equity benchmarks and oil prices jumped on Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of...

South Africa's record low lending rates 'won't last forever' - central bank governor

South Africa's record low lending rates, which the central bank kept unchanged on Thursday despite rate hikes in other emerging markets, will not last forever, Governor Lesetja Kganyago said on Friday...

South Africa's rand recovers from two-week low as central bank keeps rates on hold

South Africa's rand rose on Friday, recovering from a two-week low hit in the previous session, after the central bank kept lending rates unchanged, bucking the trend of rate hikes in other emerging...

Global bond rout not over, another sell-off likely before mid-year

Another bond market sell-off is likely in the next three months following the recent rout in financial markets, according to analysts polled by Reuters, although they did not predict a runaway rise in...

Philippine cbank holds rates at record low as recovery concerns grow

The Philippine central bank kept key interest rates steady on Thursday, balancing the need to support an economy facing renewed challenges from fresh coronavirus curbs with concerns about quickening...

Dollar surpasses two-week high as safe haven demand helps

The dollar index rose against a basket of most major currencies on Tuesday, surpassing a two-week high, while yields on U.S. Treasuries slipped as U.S. Federal Reserve Chair Jerome Powell told...

Politically correct? Bond market steers clear of judgment calls

When Saudi journalist Jamal Khashoggi was killed in 2018, London-based hedge fund manager Dominic Armstrong bet investors would be turned off and the kingdom's debt would take a beating. ...

South Africa's rand falls as investors look to Fed, Yellen for bond clues

South Africa's rand weakened in early trade on Tuesday as caution prevailed ahead of a closely watched testimony by top U.S. policymakers, with investors looking out for comments on the rise of bond...

Analysis: Investors seek out 'back to the future' trades to beat inflation as bond yields rise

Widespread expectations of a coming U.S. economic boom are forcing bond fund managers to dust off their playbooks to combat a nemesis they have not had to worry about for more than a decade:...

Philippines to hold interest rates at record-low amid recovery concerns

The Philippine central bank is expected to leave its benchmark interest rate unchanged on Thursday to maintain support for an economy facing fresh challenges after new curbs to contain a resurgence...

Global equities move higher, bonds gain as Europe COVID cases rise

Global equities gained and safe-haven assets such as U.S. Treasuries rallied on Monday as investors weighed rising coronavirus cases in Europe against a break in the recent run-up of bond yields...

Bond managers say pace of rise in U.S. bond yields "unsettling"

NEW YORK -The recent pace of the rise in yields in the U.S. Treasury market has been unsettling, according to several major bond fund managers who worry the market could be viewed as disorderly if...

U.S. yields ease from 14-month highs, oil bounces back

NEW YORK/LONDON -Benchmark U.S. bond yields edged back from 14-month highs on Friday as investors digested the Federal Reserve's move to let a key leverage exemption expire, while oil prices...

Explainer: What rising bond yields mean for markets

Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged...

EasyJet : British Airways owner IAG raises $1.4 billion to ride out travel turmoil

British Airways owner IAG raised 1.2 billion euros in a bond issue it said would help it survive a potentially longer than expected travel downturn. ...

Asia stocks set to fall, pressured by soaring T-note yields

Asian stocks are set to open mostly lower on Friday, pressured by U.S. Treasury yields that rose to 14-month highs overnight and oil prices, which fell by their biggest one-day declines since last...

Wall St ends sharply lower, hit by bond yields and COVID-19 worries

Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries about the coronavirus pandemic in Europe....