Bonds
Treasuries Decline as Stock Gains Lessen Refuge Appeal at 10-Year Auction Treasuries declined, led by losses
in shorter-maturity debt, as gains in global stocks lessened the
refuge appeal of U.S. government securities.
Treasury-Bund Yield Spread May Double in 2010, F&C's Michiel de Bruin Says The premium investors demand to
hold Treasuries over German bunds may double in 2010 as Europe’s
central bank is forced to keep interest rates on hold while the
Federal Reserve prepares to tighten, F&C Netherlands BV said.
Citigroup Cuts Yield on $2 Billion TruPS Offering to 8.5%: Credit Markets Citigroup Inc., seeking capital
after repaying bailout funds to the Treasury, is selling trust
preferred securities as rising investor demand drives borrowing
costs to near the lowest in almost five years.
AIG's `Money in the Door' Asset Sales Garner $3.2 Billion for Bondholders American International Group Inc.
bondholders reaped at least $3.2 billion after the bailed-out
company announced deals to sell its two largest non-U.S. life
insurance divisions for $51 billion.
Harper's Yields Climb Above Treasuries Before Bond Auction: Canada Credit Canadian two-year government bonds
are yielding the most over comparable Treasuries in five months
as traders increase bets the Bank of Canada will raise interest
rates before the Federal Reserve.
Bunds Fall After Sale of German Two-Year Notes, Portuguese Debt Auction German bonds declined after the
nation sold 5 billion euros of two-year notes and Portugal’s
larger-than-planned securities auction helped reduce the appeal
of the safest debt.
Posen Says Bank of England Hopes Bond Plan Has `Done it' as Economy Grows Bank of England officials are
counting on their 200 billion-pound ($300 billion) bond-purchase
program to have succeeded in restoring the economy to growth,
policy maker Adam Posen said.
Glencore Hires Banks to Issue Bonds as It Seeks to Fund Prodeco Purchase Glencore International AG is
selling seven-year bonds in the world’s largest commodity
trader’s first euro-denominated senior debt deal in almost two
years.
Polish Bond Yields Decline to Three-Year Low at Auction as Rate Bets Drop Polish two-year bond yields fell to
the lowest level in almost three years at today’s auction as
investors scaled back expectations interest rates will rise by
yearend.
Japan's 5-Year Yields Rise From This Year's Low Before Tomorrow's Auction Japan’s five-year notes fell,
pushing yields up from the lowest level since December, on
speculation primary dealers are trying to secure a higher
coupon at tomorrow’s auction of the securities.