Bonds
Money Rates Rising Foreshadows Treasury Losses as Bernanke Prepares Exit Money market interest rates at
five-month highs show the Federal Reserve is laying the
groundwork to siphon a record $1 trillion in excess cash from
the banking system and sending a bearish signal on Treasuries.
Commercial Mortgage Debt Rallies as TALF Draws to a Close: Credit Markets Commercial mortgage-backed bond
returns are accelerating as the Federal Reserve ends support for
the $700 billion market, showing growing confidence that loan
defaults won’t derail the economic recovery.
Goldman Sachs Squeezes Hedge Funds in $110 Billion `Collateral Arbitrage' Goldman Sachs Group Inc. and
JPMorgan Chase & Co., two of the biggest traders of over-the-
counter derivatives, are exploiting their growing clout in that
market to secure cheap funding in addition to billions in
revenue from the business.
Dubai-Owned Borrower `Sufficiently Strong' to Avert Restructuring of Bonds Dubai Holding Commercial Operations
Group LLC, the investment company owned by Dubai’s ruler, will
avoid debt restructuring as its balance-sheet and cash-flow
profile appear “sufficiently strong,” JPMorgan Chase & Co. said.
German 10-Year Bund Yield Is Near Three-Week High Before EU Greece Meeting The German 10-year bund yield
stayed about 6 basis points from its highest in almost three
weeks as European finance ministers met to discuss plans to help
Greece tackle its debt crisis.
Kazakhstan to Target Overseas Cash in Its 1st Islamic Bond to Fund Deficit Kazakhstan, central Asia’s biggest
energy producer, may sell Islamic bonds for the first time this
year as it seeks to attract overseas money to finance its budget
deficit.
Japan's Government Bond Futures End Two-Day Decline on BOJ Policy Outlook Japan’s bond futures advanced,
ending a two-day drop, on speculation the Bank of Japan will
announce additional steps to ease monetary policy.