by bondevalue | Mar 16, 2020 | Asian Dollar Bonds, Interest Rate Trends
Asian Markets woke up to the below Fed announcements: Fed slashes target range for benchmark rates to zero to 0.25% Fed will hold rates near zero until confident that the economy has weathered the virus Fed to boost treasury holdings by at least $USD 500 billion, MBS...
by bondevalue | Dec 13, 2019 | Interest Rate Trends, U.S. Federal Reserve Bank, U.S. Treasury Yield
The US Federal Reserve left the fed funds rate range unchanged earlier this week at 1.50% to 1.75%, indicating that it intends to remain sidelined for the moment. Both comments made by Fed Chairman Jerome Powell and the Fed statement confirmed this as the central...
by bondevalue | Nov 20, 2019 | Interest Rate Trends, People's Bank of China
The People’s Bank of China (PBOC) lowered one of its key interest rates for the first time since 2015, signaling further easing across the globe. China’s central bank cut its seven-day reverse repurchase rate to 2.50% from 2.55%, bringing a spark of...
by bondevalue | Nov 2, 2019 | Interest Rate Trends, U.S. Federal Reserve Bank, U.S. Treasury Yield
The Federal Open Market Committee (FOMC) voted to lower its benchmark funds rate, which governs what banks charge each other for overnight lending and also most forms of revolving consumer credit, in its October 30 meeting. The quarter-point cut, leaving the fed funds...
by bondevalue | Sep 2, 2019 | U.S. Treasury Yield
The U.S. government’s most recent re-look at plans to issue treasuries beyond 30-years will likely not only encounter resistance from the Treasury Borrowing Advisory Committee but also risk unsettling markets. This Committee, who advises Treasury Secretary...
by bondevalue | Jun 3, 2019 | Interest Rate Trends
U.S. fed funds futures contracts extended their rally and are currently indicating more than half a percentage point of interest rate cuts this year by the Federal Reserve. Several U.S. primary dealers corroborate these numbers with their prediction of rate cuts in...
