Analysis: Interest Rates

WeWork bond drops, spread hits a record on report of delayed share tender

WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer still hasn't delivered on a plan to buy $3 billion of stock from...

Istanbul mayor seeks to bond with investors on London charm offensive

Istanbul Mayor Ekrem Imamoglu, a political opponent of Turkish President Tayyip Erdogan, said on Thursday he was on a mission in London to allay investor concerns over negative headlines about Turkey...

ECB rates close to bottoming out, hike would be a mistake: Villeroy

European Central Bank interest rates are close to bottoming out but low rates must stay and raising them now, as advocated by some, would be a mistake, French central bank Governor Francois Villeroy...

Singapore fines UBS $8 million over deceptive bond trades

Singapore said on Thursday it had fined UBS S$11.2 million after investigations showed the Swiss bank deceived wealthy clients over prices for bonds and structured products. ...

Philippine central bank holds fire on rates after strong growth

The Philippine central bank kept its benchmark interest rate on hold on Thursday, after surprisingly strong economic growth in the third quarter, saying that future policy decisions will depend on the...

Hong Kong interbank rates rise ahead of huge Alibaba listing

The Hong Kong Interbank Offered Rate rose across the curve on Thursday after Chinese e-commerce giant Alibaba Group launched a $13.4 billion listing in the city....

Sweden's central bank sells off bonds from Canadian province over climate concerns

Sweden's central bank said on Wednesday it had sold off bonds from the oil-rich Canadian province of Alberta and parts of Australia because it felt that greenhouse gas emissions in both countries were...

Egypt's central bank seen making third straight cut to key rates

Egypt's central bank will likely make a third consecutive cut to its key interest rates on Thursday, a Reuters poll showed, as inflation fell to its lowest in nearly 14 years in October.

Rising European savings could undermine case for negative rates

As divisions grow at the European Central Bank over continued interest rate cuts, at least one indicator appears to side with policymakers who are arguing for tighter monetary policy: household...

Japan's finance minister warms to idea of issuing 50-year bonds

Japan would consider issuing 50-year government bonds in the future, Finance Minister Taro Aso said on Friday, warming to an idea once shunned by his ministry because of concerns that cheap funding...

China cuts loan rate for first time since 2016, seeks to soothe bond market

China's central bank cut the interest rate on its one-year medium-term lending facility loans on Tuesday for the first time since early 2016, as policymakers work to prop up a slowing economy hit by...

South Africa rand and bonds bounce on Moody's ratings reprieve

The South African rand and government bonds jumped on Monday after ratings agency Moody's kept the country's last investment-grade credit rating intact, but many investors expected the rally could...

Global funds prefer stocks on policy easing, bond rally - Reuters poll

Global funds recommended an increase in equity exposure in October to obtain better returns at a time when stocks and bonds have rallied simultaneously on policy easing and monetary stimulus offered...

BOJ keeps policy steady but adopts new forward guidance on rates

The Bank of Japan kept its monetary policy steady on Thursday but introduced new forward guidance to more clearly signal the future chance of a rate cut, underscoring its concern over simmering...

S&P 500 : U.S. Fed cuts interest rates, signals it is on hold

The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled there would be no further...

Bank of Canada opens door to rate cut as growth outlook worsens

Canada's central bank held interest rates steady as expected on Wednesday, but left the door open to a possible cut over the coming months to help the economy weather the damaging effects of global...

Citi exits Eskom 2025 bond long positions after debt relief disappoints

Citi said on Wednesday it had exited its long position in South Africa's Eskom's 2025 bond, citing a disappointing debt relief announcement by the government for the state-owned utility and potential...

Egypt selects five lenders for dollar-denominated bond -ministry

Egypt has selected five international lenders for a new dollar-denominated bond offering, the finance ministry said in a statement on Wednesday....

StanChart flags risk to profit goal from slowing growth, lower rates

Standard Chartered flagged risks on Wednesday to its key returns target citing slowing global economic growth, trade tensions and protests in its biggest market of Hong Kong, after posting a...