* Risk sentiment improves on hopes of China stimulus
* Producer prices rise, housing data better than expected
* Fed to release minutes from January meeting
By Karen Brettell
NEW YORK, Feb 19 (Reuters) - U.S. Treasury yields edged
higher on Wednesday as a report that China will take more steps
to bolster its virus-hit economy boosted risk taking, and after
U.S. economic data beat economists’ expectations.
Bloomberg News reported that Beijing was considering cash
injections or mergers to bail out airlines hit by the virus,
which increased risk appetite, sending stocks higher and
reducing demand for safe-haven bonds.
The death toll from the coronavirus climbed above 2,000 in
China, but the tally of newly reported cases fell for a second
day to the lowest since January.
“Equities are performing well, after being under a bit of
pressure,” said Ian Lyngen, head of U.S. rates strategy at BMO
Capital Markets in New York.
The spread of the virus is central to risk appetite as
investors weigh how it will affect the global economy.
“It really does come down to the impact of the coronavirus
on global growth starting in Asia, going into the supply chain,
and presumably at some point trickling through to the domestic
economic outlook,” Lyngen said.
Benchmark 10-year note yields rose two basis
points to 1.57%.
Economic data on Wednesday showed that U.S. producer prices
increased by the most in more than a year in January, boosted by
rises in the costs of services such as healthcare and hotel
accommodation.
U.S. homebuilding also fell less than expected in January,
while permits surged to a near 13-year high, pointing to
sustained housing market strength amid lower mortgage rates.
The Federal Reserve will release minutes from its January
meeting on Wednesday, though it is not expected to contain
details on the probable economic impact of the coronavirus.
February 19 Wednesday 9:20AM New York / 1420 GMT
Price Current Net
Yield % Change
(bps)
Three-month bills 1.545 1.5769 -0.005
Six-month bills 1.5175 1.5547 -0.027
Two-year note 99-231/256 1.426 0.016
Three-year note 99-242/256 1.3937 0.019
Five-year note 99-212/256 1.4111 0.018
Seven-year note 100 1.5 0.018
10-year note 99-84/256 1.573 0.017
30-year bond 99-140/256 2.0202 0.014
DOLLAR SWAP SPREADS
Last (bps) Net
Change
(bps)
U.S. 2-year dollar swap 2.25 0.00
spread
U.S. 3-year dollar swap 1.25 0.00
spread
U.S. 5-year dollar swap -1.25 0.00
spread
U.S. 10-year dollar swap -6.00 0.50
spread
U.S. 30-year dollar swap -33.75 0.25
spread
(Reporting by Karen Brettell; editing by Jonathan Oatis)
UK dividends calendar - next 7 days
Friday 3 May | |
Anglo American PLC | dividend payment date |
Beazley PLC | dividend payment date |
BP Marsh & Partners PLC | dividend payment date |
CT UK High Income Trust PLC | dividend payment date |
CT UK High Income Trust PLC - Class B | dividend payment date |
European Smaller Cos Trust PLC | dividend payment date |
Glanbia PLC | dividend payment date |
Hikma Pharmaceuticals PLC | dividend payment date |
i3 Energy PLC | dividend payment date |
Marble Point Loan Financing Ltd | dividend payment date |
Maven Income & Growth VCT 3 PLC | dividend payment date |
Maven Income & Growth VCT 5 PLC | dividend payment date |
North American Income Trust PLC | dividend payment date |
Pearson PLC | dividend payment date |
Segro PLC | dividend payment date |
Synectics PLC | dividend payment date |
TwentyFour Income Fund Ltd | dividend payment date |
TwentyFour Select Monthly Income Fund Ltd | dividend payment date |
Monday 6 May | |
no events scheduled | |
Tuesday 7 May | |
Begbies Traynor Group PLC | dividend payment date |
Ferguson PLC | dividend payment date |
Manchester & London Investment Trust PLC | dividend payment date |
Mobius Investment Trust PLC | dividend payment date |
Nexus Infrastructure PLC | dividend payment date |
Pebble Group PLC | dividend payment date |
Pinewood Technologies Group PLC | special dividend payment date |
Thungela Resources Ltd | dividend payment date |
Volution Group PLC | dividend payment date |
Wednesday 8 May | |
Melrose Industries PLC | dividend payment date |
Personal Group Holdings PLC | dividend payment date |
Thursday 9 May | |
Admiral Group PLC | ex-dividend payment date |
AG Barr PLC | ex-dividend payment date |
Aurora Investment Trust PLC | ex-dividend payment date |
Balanced Commercial Property Trust Ltd | ex-dividend payment date |
Bank of Ireland Group PLC | ex-dividend payment date |
Bellevue Healthcare Trust PLC | ex-dividend payment date |
Braime Group PLC | ex-dividend payment date |
Centaur Media PLC | ex-dividend payment date |
Chenavari Toro Income Fund Ltd | ex-dividend payment date |
Clarkson PLC | ex-dividend payment date |
Coca-Cola Europacific Partners PLC | ex-dividend payment date |
Custodian Property Income REIT PLC | ex-dividend payment date |
CVC Income & Growth Ltd EURO | ex-dividend payment date |
CVC Income & Growth Ltd GBP | ex-dividend payment date |
Domino's Pizza Group PLC | dividend payment date |
Epwin Group PLC | ex-dividend payment date |
F&C Investment Trust PLC | dividend payment date |
Fidelity Special Values PLC | ex-dividend payment date |
Focusrite PLC | ex-dividend payment date |
Grafton Group PLC | dividend payment date |
Gresham Technologies PLC | ex-dividend payment date |
Headlam Group PLC | ex-dividend payment date |
Henderson International Income Trust PLC | ex-dividend payment date |
HSBC Holdings PLC | ex-dividend payment date |
Ibstock PLC | ex-dividend payment date |
Invesco Perpetual UK Smaller Cos Investment Trust PLC | ex-dividend payment date |
JPMorgan Global Core Real Assets Ltd | ex-dividend payment date |
Lancashire Holdings Ltd | ex-dividend payment date |
LSL Property Services PLC | ex-dividend payment date |
M&C Saatchi PLC | ex-dividend payment date |
M&G PLC | dividend payment date |
Macfarlane Group PLC | ex-dividend payment date |
Marwyn Value Investors Ltd | ex-dividend payment date |
Midwich Group PLC | ex-dividend payment date |
Montanaro UK Smaller Cos Investments Trust PLC | dividend payment date |
Octopus Titan VCT PLC | ex-dividend payment date |
One Media iP Group PLC | ex-dividend payment date |
Petershill Partners PLC | ex-dividend payment date |
Picton Property Income Ltd | ex-dividend payment date |
PRS REIT PLC | ex-dividend payment date |
Reach PLC | ex-dividend payment date |
Sherborne Investors Guernsey C Ltd | ex-dividend payment date |
Sthree PLC | ex-dividend payment date |
Sylvania Platinum Ltd | ex-dividend payment date |
Taylor Maritime Investments Ltd | ex-dividend payment date |
Tracsis PLC | ex-dividend payment date |
Travis Perkins PLC | dividend payment date |
UIL Ltd | ex-dividend payment date |
Comments and questions to newsroom@alliancenews.com | |
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
Copyright 2024 Alliance News Ltd. All Rights Reserved. |