fixed-income
Top StoriesEuro Zone Bond Yields Fall as ECB Policymaker Flags Recession Risk, Gilts Eyed
Top StoriesAnalysis – Turbulent UK Bond Market May Force BoE’s Hand Again
Top StoriesEuro Zone Bonds Drop as Gilt Market Chaos Rattles Global Investors
Top StoriesLong-Dated UK Bond Prices Slide to New 20-year Low
Fire-Fighting Bank of England Forced to Buy Inflation-Linked Bonds
Date: October 11, 2022
By Andy Bruce LONDON (Reuters) -The Bank of England sought again to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillion) government bond markets on Tuesday, expanding its emergency buying to inflation-linked debt. Citing a “material risk” to financial stability after pension firms were hit by the turmoil, the BoE split its programme...
Italian Bond Yields Rise as German Support for Joint EU Debt Seen as Unlikely
Date: October 11, 2022
By Harry Robertson LONDON (Reuters) -Italian 10-year bond yields rose on Tuesday after a German official dismissed a report that the country’s government planned to support the issuance of joint European Union debt. German yields fell, having jumped the previous day after Bloomberg reported that the government would support issuing joint EU debt to tackle...
Factbox-What Are Index-Linked Bonds and Why Is the Bank of England Is Buying Them?
Date: October 11, 2022
LONDON (Reuters) – The Bank of England said on Tuesday it would buy index-linked government debt as part of its emergency programme to try and quell turmoil in the debt market. Following is a summary of what index-linked bonds are and why the BoE is buying them. WHAT IS AN INDEX-LINKED BOND? Governments around the...
Eurex Clearing Says Collateral Cushion Rises to Record High
Date: October 6, 2022
By Yoruk Bahceli and Nell Mackenzie LONDON (Reuters) – The collateral against potential losses posted on derivatives trades at Eurex has risen to a record high of around 130 billion euros ($128 billion) in the face of highly volatile markets and stubborn inflation, Erik Mueller, CEO of Eurex Clearing, told Reuters on Thursday. This is...
Euro Zone Bond Yields Creep Higher After ECB Minutes
Date: October 6, 2022
By Samuel Indyk and Stefano Rebaudo LONDON (Reuters) -Euro zone government bond yields edged up towards September’s multi-year highs on Thursday, with analysts reckoning that the recent bond rally was too early as inflation might still surprise on the upside. Borrowing costs were roughly unchanged after the release of the European Central Bank minutes. Policymakers...
UK 10-year Gilt Auction Sees Strong Demand, High Yield
Date: October 5, 2022
By David Milliken LONDON (Reuters) – Britain received solid demand at an auction for 3 billion pounds ($3.43 billion) of 10-year government bonds on Wednesday, after patchy investor appetite for a 40-year issue the day before, but it paid the highest interest rate at any auction since 2011. Investors bid for 2.50 times the sum...