2011年4月12日星期二

Bonds rise on Fukushima nuclear alert, earthquakes in the Japan

April 12, 2011, 1: 36 pm EDT by Wes Goodman

April 12 (Bloomberg) — Treasuries have increased after a nuclear warning and earthquakes to the sent Japan lower Asian stocks, boosting demand for the relative safety of the public debt.

Thirty years broken link a slide of five days as the earthquakes of magnitude 6 to hit the Japan, where the Government has raised the rating of the gravity of the nuclear accident at the level corresponding to the 1986 Chernobyl disaster. Dragged yields the United States were preparing to sell a 32 billion of notes to 3 years old today, 10 years tomorrow debt $ 21 billion and 13 billion of bonds to 30 April 14. "There is a flight to quality in support of government bonds, said Tomohisa Fujiki, a strategist at interest rates at the BNP Paribas Securities Japan Ltd. BNP U.S. Unit is one of 20 primary dealers that trade directly with the Federal Government Reserve.U.S. 10-year rate fell three basis to 3.56% points from 6 h 23 in London, according to the Bloomberg Bond Trader price. The score of 3.625% planned for February 2021 advanced 7/32, or $2.19 per the nominal value of $1,000 to 100 18/32.The MSCI Asia Pacific Index of shares fell 1.4 percent defined for the greatest daily slide since March 15.Japan of the nuclear agency raised the seriousness of the nuclear crisis to 7the highest level. The accident at the station of Fukushima Dai-Ichi was already rated 5 to world-wide, the same as the collapse of reactor partial 1979-Three Mile Island in Pennsylvania. Earthquake swayed buildings in Tokyo today and yesterday.CommentsTreasuries of Fed officials climbed also after that officials of the Federal Reserve William Dudley and Janet Yellen said that the US economy is not strong enough to facilitate recovery.New York Fed President Dudley said yesterday that the Central Bank should not be too enthusiastic about the idea of deletion of registration it provides for the economy. The Fed bought 600 billion dollars in Treasury bonds in June and has held its benchmark interest rate at zero to 0.25% since December 2008 to support the growth. "We are probably going to have soft excessive in the labour market of the United States at least until the end of 2012,"Dudley said at a forum in Tokyo.Fed Vice President Yellen said increase in commodities will have a temporary effect on inflation and does justify a reversal of the stimulus." The US economy does not appear to be faced with the kind of "rebound sharp" which usually follows a deep recession, she said in a speech York.The new notes of three years provided for sale today given 1.35% in trade auction, 1.298 up % at the previous auction of the titles on March 8. investors bid for 3.22 times the amount of available debt last month. The average for the past 10 auction is 3.14.Indirect bidders, which include foreign central banks, bought 34.4% of the titles, compared to the average of 10-sale of 37.2%.

-Editor in Chief: Swift Rocky

To contact the reporter on this story: Wes Goodman at Singapore at wgoodman@bloomberg.net.

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net.


View the original article here

没有评论:

发表评论