Shorter-maturity government bonds are heading for their worst first half in six years as Britain prepares to become the first major economy to begin exiting emergency stimulus.
Spain is riding the wave of European Central Bank-fueled demand for its debt, introducing a new type of bond as the single currency area leaves behind the debt crisis that almost tore it apart.
Treasuries advanced, led by 30-year bonds, before government reports on consumer and producer prices this week that analysts say will show inflation remains subdued even as the U.S. economy recovers.
Central banks are digging deeper into their tool kits in search of innovative ways to unclog bank lending and keep a weakening world economy afloat.
Greece risks having to restructure its debt even with an extension in terms of the loan repayments by the European Union as the economy remains mired in recession.
Investec Asset Management said it’s selling government bonds and betting U.S. interest rates will rise as concern economic growth is faltering is “overdone.”
Investec Asset Management has reduced its holdings in risk assets on a so-called tactical basis amid signs the market is starting to look overbought and may soon consolidate.
U.K. government debt investors are gaining confidence in Prime Minister David Cameron’s plan to tame a budget deficit that the world’s biggest bond-fund manager described as a “bed of nitroglycerine.”
President Francois Hollande’s surest supporters since taking office have been buyers of French bonds. Some of them are now deserting the country’s debt.
"Low volatility and expectation that the ECB will ease policy further have supported carry trades in the euro-region government bonds market."
- John Stopford on Jun 30, 2014