News Headline Summary
Heading into the European open, JGBs in Japan continue to come under-pressure as markets participants digest yet another lacklustre bond auction and in turn question the ability of the BoJ to deliver QE while ensuring stability of its bond market...
- Prices also being weighed on by a turnaround in the Nikkei 225, which remains on path to settle with a gain of around 1.50%.
- USD/JPY also staged a decent rebound, trades back towards 102.00 level.
- Over the weekend, officials from the BoJ tried to suppress concerns that the central bank is loosing grip on the bond market and that the volatility which was observed last week, when the Nikkei 225 index fell over 7% is a one-off.
05:54, 28 May 2013 -
05:45, 29 May 2013
US 10s fell aggressively overnight, with yields on 10y at highest level since April 2012, as better macro data in the US continues to support the idea that the Fed will soon begin to taper its QE program...
17:19, 28 May 2013
US Treasuries continue to edge lower following a poor 2y note auction pushing the 10y yield to new session highs at 2.13%...
16:24, 28 May 2013
Heading in toward the USD 35bln 2y Note auction, T-notes remain toward the lower end of the range, down 23+ ticks at 130.19+...
16:44, 27 May 2013
Pop higher seen in T-notes, moving higher by 5 ticks with nothing fundamental behind the move as market participants take advantage of thin liquidity
11:06, 27 May 2013
EU MID-SESSION UPDATE – 27/05/13
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