US regulator fines Bank of America $24 million for Treasuries spoofing
By Jonathan Stempel NEW YORK (Reuters) -Bank of America has been fined $24 million after two former traders placed phony “spoof” trades to try to influence the market for U.S. Treasuries, the…
Treasuries central clearing reduces basis trades risks, says Moody’s
NEW YORK (Reuters) – An expansion of central clearing in the U.S. Treasuries market would reduce liquidity risks associated with a popular hedge fund arbitrage trading strategy that could strain the broader…
US Treasuries basis trades seen as less profitable as funding costs rise
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020 and has recently undergone regulators’ scrutiny…
Ackman’s bet against US Treasuries pays off with $200 million profit
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, a person…
Marketmind: Treasuries relief, China grief
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors hoping for a reprieve in the U.S. bond selling frenzy got…
Vanguard bets on long-term US Treasuries after ‘cruel summer’ for bond investors
By Davide Barbuscia NEW YORK (Reuters) – U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year’s brutal selloff, betting that the Federal Reserve is at the end of its…
Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears
By Davide Barbuscia NEW YORK (Reuters) – Some investors are increasing exposure to longer term U.S. Treasuries in the midst of a historic sell-off, as spiking yields promise to juice returns despite…
Foreign holdings of US Treasuries in August hit highest since December 2021 -data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries in August rose to their largest level since December 2021, data from the Treasury Department showed on Wednesday, rising for…
BlackRock Investment Institute raises rating of long-dated US Treasuries
(Reuters) – BlackRock Investment Institute on Monday raised the rating of long-dated U.S. Treasuries to “neutral” from “underweight” as it sees yields approaching a peak. “We now see about equal odds that…
Column-Funds ramp up long dollar, short Treasuries bets: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Hedge funds have entered the final quarter of the year doubling down on two of their biggest macro conviction trades – short U.S. Treasuries and…
US dollar’s rally supercharged by soaring real yields on Treasuries
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the buck. The real…
Hawkish Fed unwittingly stokes Treasuries ‘basis trade’ risks: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The Federal Reserve’s hawkish stance on interest rates, and determination to reduce its balance sheet, may inadvertently be stoking financial stability risks by encouraging hedge funds…
Hedge fund demand for US Treasuries seen rising amid higher bond supply
By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Hedge funds will likely become increasingly important buyers of U.S. Treasuries, providing liquidity in the world’s biggest bond market at a time…
Foreign holdings of US Treasuries increase in July, China holdings plunge -data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries rose in July, data from the Treasury Department showed on Monday, rising for a second straight month despite an uncertain…
Central banks still scooping up beaten-down Treasuries: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -If you view global central banks’ and reserve managers’ appetite for U.S. Treasuries through a value-adjusted lens, official sector demand for U.S. government bonds still looks…
Treasuries set for worst streak since U.S. independence, as investors bag tech stocks
LONDON (Reuters) – Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their…
Billionaire investor Ackman says he is shorting 30-year Treasuries
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman on Wednesday said his hedge fund Pershing Square Capital Management has placed a bet against U.S. 30-year Treasuries, calling it both…
Stocks, Treasuries lead US household wealth to 1-year high in early 2023
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last year’s bear…
Analysis-Wall Street prepares for Treasuries mess as default looms
By Gertrude Chavez-Dreyfuss, Saeed Azhar and Davide Barbuscia NEW YORK (Reuters) – Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to…
Foreign buying of US Treasuries in March hits largest since June 2021 -data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign buying of U.S. Treasuries in March rose to its highest level in more than two years, data from the Treasury Department showed on Monday,…
Column-Funds take record short position across U.S. Treasuries curve: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – There’s a large swathe of the investment community convinced that 2023 will be a solid year for U.S. Treasuries as falling inflation and likely recession…
BlackRock adds Treasuries as debt ceiling jitters intensify
By Davide Barbuscia CHICAGO (Reuters) – BlackRock has been buying U.S. Treasuries in anticipation of an economic slowdown and a protracted fight between the U.S. government and Congress around the debt limit,…
JPMorgan sees “non-trivial risk” of a technical default on U.S. Treasuries as debt ceiling looms
LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a “non-trivial risk” of a technical default on…
Foreign holdings of Treasuries rise in November led by Japan -data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasuries held by foreigners rose in November for the first time in three months, data from the U.S. Treasury department showed on Wednesday, as…
Marketmind: So what’s up with Treasuries?
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asking for a friend. Because it is not often 10-year yields suddenly…
Foreign holdings of Treasuries drop to lowest since May 2021 -data
NEW YORK (Reuters) – Foreign holdings of Treasuries in September dropped to their lowest level since May 2021, data from the U.S. Treasury Department showed on Wednesday, led by Japan and China…
Breaking News
